Essentra (LON:ESNT) Sets New 12-Month Low – Should You Sell?

Shares of Essentra plc (LON:ESNT) hit a new 52-week low on Wednesday . The stock traded as low as GBX 108.40 ($1.41) and last traded at GBX 108.80 ($1.41), with a volume of 1721755 shares changing hands. The stock had previously closed at GBX 115.60 ($1.50).

Essentra Trading Down 5.6 %

The company has a debt-to-equity ratio of 51.89, a quick ratio of 0.50 and a current ratio of 1.97. The firm has a 50-day moving average of GBX 119.85 and a 200-day moving average of GBX 138.04. The firm has a market capitalization of £298.93 million, a P/E ratio of 85.67, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18.

Essentra (LON:ESNT) last issued 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 net margin of 1.13% and a return on equity of 1.28%. On average, equities research analysts anticipate that Essentra plc will post 524.137931 EPS for the current fiscal year.

Essentra Increases Dividend

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

Insider Transactions at Essentra

In other Essentra news, insider Steve Good purchased 35,000 shares of the stock in a transaction on Thursday, March 20th. The stock was acquired at an average price of GBX 109 ($1.41) per share, with a total value of £38,150 ($49,468.36). 0.99% of the stock is currently owned by company insiders.

About Essentra