Essentra (LON:ESNT) Shares Up 0.1% – Here’s What Happened

Posted by Renee Jackson on Dec 13th, 2024

Essentra plc (LON:ESNT – Get Free Report)’s stock price traded up 0.1% during mid-day trading on Wednesday . The stock traded as high as GBX 149.60 ($1.89) and last traded at GBX 147 ($1.86). 176,446 shares traded hands during trading, a decline of 74% from the average session volume of 666,717 shares. The stock had previously closed at GBX 146.80 ($1.85).

Analyst Ratings Changes

A number of research firms have recently commented on ESNT. Deutsche Bank Aktiengesellschaft cut their price target on Essentra from GBX 240 ($3.03) to GBX 200 ($2.52) and set a “buy” rating for the company in a report on Tuesday, September 17th. Berenberg Bank restated a “buy” rating and issued a GBX 200 ($2.52) target price on shares of Essentra in a research note on Thursday, October 24th.

Read Our Latest Report on Essentra

Essentra Stock Down 1.8 %

The company’s 50 day simple moving average is GBX 150.25 and its 200-day simple moving average is GBX 159.25. The company has a debt-to-equity ratio of 51.89, a quick ratio of 0.50 and a current ratio of 1.97. The firm has a market capitalization of £403.72 million, a PE ratio of 7,980.00, a PEG ratio of 3.84 and a beta of 1.18.

Insider Transactions at Essentra

In related news, insider Scott Fawcett purchased 10,479 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was acquired at an average price of GBX 142 ($1.79) per share, with a total value of £14,880.18 ($18,780.99). Insiders own 0.99% of the company’s stock.

Essentra Company Profile

(Get Free Report)

Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; barbed and push-fit fasteners; binder screws and snap fasteners; washers; spacers; brushes; feet; fibre management; and furniture fittings.