Essentra (LON:ESNT) Reaches New 12-Month Low – Should You Sell?

Essentra plc (LON:ESNT) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 117.20 ($1.45) and last traded at GBX 121.40 ($1.50), with a volume of 974490 shares trading hands. The stock had previously closed at GBX 122.40 ($1.51).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 200 ($2.47) price objective on shares of Essentra in a research note on Thursday, October 24th.

Essentra Price Performance

The business has a fifty day moving average price of GBX 135.82 and a 200 day moving average price of GBX 151.23. The company has a debt-to-equity ratio of 51.89, a current ratio of 1.97 and a quick ratio of 0.50. The company has a market capitalization of £341.70 million, a price-to-earnings ratio of 7,980.00, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18.

Essentra Company Profile