Essentra (LON:ESNT) Sets New 52-Week Low – Should You Sell?

Essentra plc (LON:ESNTGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 98.70 ($1.27) and last traded at GBX 99.54 ($1.28), with a volume of 849742 shares traded. The stock had previously closed at GBX 100.80 ($1.30).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 170 ($2.19) price objective on shares of Essentra in a research note on Wednesday, March 26th.

Check Out Our Latest Report on Essentra

Essentra Price Performance

The company has a debt-to-equity ratio of 51.89, a current ratio of 1.97 and a quick ratio of 0.50. The stock has a 50 day simple moving average of GBX 116.14 and a two-hundred day simple moving average of GBX 133.60. The company has a market cap of £273.31 million, a price-to-earnings ratio of 78.33, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18.

Essentra (LON:ESNTGet Free Report) last posted its earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) earnings per share (EPS) for the quarter. Essentra had a return on equity of 1.28% and a net margin of 1.13%. On average, equities research analysts predict that Essentra plc will post 524.137931 earnings per share for the current fiscal year.

Essentra Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 3rd. Investors of record on Thursday, May 15th will be paid a dividend of GBX 1.55 ($0.02) per share. This is a positive change from Essentra’s previous dividend of $1.25. The ex-dividend date of this dividend is Thursday, May 15th. This represents a yield of 1.41%. Essentra’s dividend payout ratio is presently 329.52%.

Insider Transactions at Essentra

In other Essentra news, insider Steve Good acquired 35,000 shares of the stock in a transaction on Thursday, March 20th. The shares were bought at an average cost of GBX 109 ($1.41) per share, with a total value of £38,150 ($49,213.11). Also, insider Rowan Baker acquired 10,036 shares of Essentra stock in a transaction on Monday, March 24th. The shares were bought at an average cost of GBX 104 ($1.34) per share, with a total value of £10,437.44 ($13,464.19). Corporate insiders own 0.99% of the company’s stock.

Essentra Company Profile

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