Posted by admin on Jul 6th, 2022

Essentra plc (LON:ESNT – Get Rating) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 241.50 ($2.92) and last traded at GBX 243.50 ($2.95), with a volume of 4120293 shares. The stock had previously closed at GBX 249 ($3.02).

Separately, Berenberg Bank dropped their target price on shares of Essentra from GBX 365 ($4.42) to GBX 350 ($4.24) and set a “buy” rating on the stock in a research note on Monday, June 27th.

The company has a debt-to-equity ratio of 58.99, a current ratio of 2.06 and a quick ratio of 1.42. The firm has a market capitalization of £743.66 million and a P/E ratio of 27.58. The company’s 50-day simple moving average is GBX 297.84 and its two-hundred day simple moving average is GBX 314.07.

Essentra plc provides essential components and solutions worldwide. The Components division manufactures and distributes plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions comprising caps and plugs, wire and cable management products, flange protection products, knobs, handles and grips, PCB and electronics hardware, and tools and precision instruments for a range of applications and industries that are used in protection and finish products.

Receive News & Ratings for Essentra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essentra and related companies with MarketBeat.com's FREE daily email newsletter.

Jupiter Fund Management (LON:JUP) Reaches New 1-Year Low at $132.70

Morgan Advanced Materials (LON:MGAM) Reaches New 52-Week Low at $261.00