Posted by admin on Jun 15th, 2022
Essentra plc (LON:ESNT – Get Rating) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 318.78 ($3.87) and traded as low as GBX 290.50 ($3.53). Essentra shares last traded at GBX 291 ($3.53), with a volume of 334,614 shares traded.
Separately, Berenberg Bank reduced their price target on Essentra from GBX 370 ($4.49) to GBX 365 ($4.43) and set a “buy” rating for the company in a research report on Thursday, May 19th.
The company has a 50 day moving average of GBX 315.94 and a two-hundred day moving average of GBX 318.78. The company has a debt-to-equity ratio of 58.99, a quick ratio of 1.42 and a current ratio of 2.06. The stock has a market capitalization of £889.98 million and a PE ratio of 32.70.
The firm also recently announced a dividend, which was paid on Wednesday, June 1st. Investors of record on Thursday, April 21st were paid a dividend of GBX 4 ($0.05) per share. This represents a yield of 1.27%. This is an increase from Essentra’s previous dividend of $2.00. The ex-dividend date of this dividend was Thursday, April 21st. Essentra’s payout ratio is 0.60%.
Essentra Company Profile (LON:ESNT)
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.
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