Insider Selling: Essentra plc (LON:ESNT) Insider Sells 4,325 Shares of Stock

Essentra plc (LON:ESNT – Get Rating) insider Scott Fawcett sold 4,325 shares of the firm’s stock in a transaction dated Friday, March 31st. The stock was sold at an average price of GBX 192 ($2.39), for a total transaction of £8,304 ($10,328.36).

Essentra Trading Down 0.9 %

Essentra stock traded down GBX 1.60 ($0.02) during midday trading on Friday, hitting GBX 182.40 ($2.27). 459,344 shares of the stock were exchanged, compared to its average volume of 924,495. Essentra plc has a fifty-two week low of GBX 165 ($2.05) and a fifty-two week high of GBX 329.50 ($4.10). The stock has a market capitalization of £539.48 million, a price-to-earnings ratio of -1,828.00, a PEG ratio of 3.84 and a beta of 1.23. The stock’s 50-day simple moving average is GBX 194.01 and its 200 day simple moving average is GBX 217.01. The company has a current ratio of 1.55, a quick ratio of 0.50 and a debt-to-equity ratio of 78.17.

Essentra Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, May 18th will be given a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.56%. The ex-dividend date is Thursday, May 18th. Essentra’s payout ratio is currently -3,000.00%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ESNT shares. Berenberg Bank reissued a “buy” rating and issued a GBX 295 ($3.67) price target on shares of Essentra in a research note on Monday, February 20th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 280 ($3.48) price target on shares of Essentra in a research note on Wednesday, March 22nd. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 300 ($3.73) price target on shares of Essentra in a research note on Tuesday, May 16th.

About Essentra

(Get Rating)

Essentra plc provides essential components and solutions worldwide. The Components division manufactures and distributes plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions comprising caps and plugs, wire and cable management products, flange protection products, knobs, handles and grips, PCB and electronics hardware, and tools and precision instruments for a range of applications and industries that are used in protection and finish products.