Essentra (LON:ESNT) Reaches New 52-Week Low – Time to Sell?

Shares of Essentra plc (LON:ESNT) reached a new 52-week low during 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).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 200 ($2.47) price target on shares of Essentra in a research report on Thursday, October 24th.

Essentra Price Performance

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 firm has a market cap 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. The stock’s fifty day moving average price is GBX 135.82 and its 200-day moving average price is GBX 151.23.

About Essentra