Essentra (LON:ESNT) Reaches New 52-Week Low – What’s Next?

Essentra plc (LON:ESNT) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 117.20 ($1.43) and last traded at GBX 117.20 ($1.43), with a volume of 1162520 shares traded. The stock had previously closed at GBX 118 ($1.44).

Analysts Set New Price Targets

ESNT has been the subject of several recent analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 200 ($2.45) target price on shares of Essentra in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft dropped their price objective on Essentra from GBX 240 ($2.94) to GBX 200 ($2.45) and set a “buy” rating for the company in a report on Tuesday, September 17th.

Essentra Stock Performance

The company has a current ratio of 1.97, a quick ratio of 0.50 and a debt-to-equity ratio of 51.89. The company has a market capitalization of £336.53 million, a PE ratio of 7,980.00, a PEG ratio of 3.84 and a beta of 1.18. The firm’s 50-day simple moving average is GBX 141.01 and its 200-day simple moving average is GBX 153.44.

Essentra Company Profile