Essentra (LON:ESNT) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Essentra plc (LON:ESNT) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 146.23 ($1.84) and traded as low as GBX 121 ($1.52). Essentra shares last traded at GBX 125.60 ($1.58), with a volume of 1,406,702 shares.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 200 ($2.52) price target on shares of Essentra in a research report on Thursday, October 24th.

Essentra Stock Performance

The stock’s fifty day simple moving average is GBX 126.40 and its 200-day simple moving average is GBX 145.62. The company has a current ratio of 1.97, a quick ratio of 0.50 and a debt-to-equity ratio of 51.89. The company has a market capitalization of £348.37 million, a price-to-earnings ratio of 99.84, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18.

About Essentra