Shares of Essentra PLC (LON:ESNT) reached a new 52-week high during trading on Friday . The company traded as high as GBX 459.13 ($6.04) and last traded at GBX 455.40 ($5.99), with a volume of 151856 shares. The stock had previously closed at GBX 433 ($5.70).
A number of research analysts have recently commented on ESNT shares. Peel Hunt reissued a “buy” rating on shares of Essentra in a report on Wednesday, November 27th. Deutsche Bank reaffirmed a “buy” rating on shares of Essentra in a research note on Monday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Essentra presently has an average rating of “Buy” and an average target price of GBX 483.33 ($6.36).
The company has a 50 day moving average price of GBX 412.60 and a 200-day moving average price of GBX 413.85. The company has a quick ratio of 1.18, a current ratio of 1.54 and a debt-to-equity ratio of 76.07. The company has a market cap of $1.20 billion and a price-to-earnings ratio of 30.22.
Essentra plc manufactures and sells specialist plastic, fiber, foam, and packaging products worldwide. It operates through four divisions: Component, Packaging, Filter Products, and Specialist Components. The Component division offers plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions for protection and finishing purposes.
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