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

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 trading hands. The stock had previously closed at GBX 118 ($1.44).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 200 ($2.45) price target on shares of Essentra in a research note on Thursday, October 24th.

Essentra Stock Up 1.5 %

The company has a 50-day moving average of GBX 139.76 and a two-hundred day moving average of GBX 152.88. The company has a quick ratio of 0.50, a current ratio of 1.97 and a debt-to-equity ratio of 51.89. The company has a market capitalization of £354.91 million, a P/E ratio of 7,980.00, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18.

About Essentra