Essentra plc (LON:ESNT – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 165.66 ($2.15) and traded as low as GBX 147.40 ($1.91). Essentra shares last traded at GBX 148.40 ($1.92), with a volume of 437,064 shares.
Analysts Set New Price Targets
Several analysts recently commented on the company. Jefferies Financial Group dropped their target price on Essentra from GBX 260 ($3.37) to GBX 250 ($3.24) and set a “buy” rating on the stock in a report on Friday, July 12th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 200 ($2.59) target price on shares of Essentra in a report on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Essentra from GBX 240 ($3.11) to GBX 200 ($2.59) and set a “buy” rating on the stock in a report on Tuesday, September 17th.
Read Our Latest Stock Report on Essentra
Essentra Stock Performance
Insider Buying and Selling at Essentra
In other Essentra news, insider Scott Fawcett acquired 10,479 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were bought at an average cost of GBX 142 ($1.84) per share, with a total value of £14,880.18 ($19,297.34). 0.99% of the stock is owned by corporate insiders.
About Essentra
Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; barbed and push-fit fasteners; binder screws and snap fasteners; washers; spacers; brushes; feet; fibre management; and furniture fittings.
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