Essentra (LON:ESNT) Share Price Passes Below 200 Day Moving Average of $224.59

Essentra plc (LON:ESNT – Get Rating)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 224.59 ($2.78) and traded as low as GBX 216.77 ($2.68). Essentra shares last traded at GBX 219.50 ($2.72), with a volume of 320,977 shares.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price target on shares of Essentra from GBX 275 ($3.40) to GBX 295 ($3.65) and gave the stock a “buy” rating in a research report on Tuesday, November 22nd.

Essentra Trading Down 1.6 %

The firm has a market capitalization of £656.18 million and a P/E ratio of 7,250.00. The business’s 50-day moving average is GBX 232.76 and its 200 day moving average is GBX 224.37. The company has a debt-to-equity ratio of 96.80, a current ratio of 1.41 and a quick ratio of 0.50.

Essentra Company Profile

(Get Rating)

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.