Essentra (OTCMKTS:FLRAF) Trading Down 15.8% – Here’s Why

Essentra (OTCMKTS:FLRAF) traded down 15.8% on Tuesday . The company traded as low as $1.23 and last traded at $1.23. 200 shares traded hands during mid-day trading, The stock had previously closed at $1.46.

Essentra Trading Down 15.8%

The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.61 and a current ratio of 2.48. The company has a 50-day moving average of $1.45 and a 200-day moving average of $1.32.

About Essentra

Essentra PLC, trading on OTC MKTS under the symbol FLRAF, is a global provider of essential components and packaging solutions. The company operates through three principal divisions: Essential Components, Packaging Solutions and Health & Protection. Essentra’s Essential Components division designs and manufactures plastic and fibre-based components such as complex injection-moulded parts, extruded shapes and technical adhesives, serving industries ranging from automotive and electronics to appliances.

The Packaging Solutions division offers a broad portfolio of specialty packaging products, including custom rigid and flexible solutions, labels, tapes and closures tailored for healthcare, industrial and commercial customers.