Essentra (OTCMKTS:FLRAF) Trading Down 13.6% – What’s Next?

Shares of Essentra plc (OTCMKTS:FLRAFGet Free Report) dropped 13.6% during mid-day trading on Thursday . The stock traded as low as $1.42 and last traded at $1.42. Approximately 400 shares were traded during mid-day trading, an increase of 3,075% from the average daily volume of 13 shares. The stock had previously closed at $1.65.

Essentra Trading Down 13.6 %

The business’s 50 day moving average is $1.83 and its 200-day moving average is $1.98. The company has a quick ratio of 1.28, a current ratio of 1.97 and a debt-to-equity ratio of 0.49.

Essentra Company Profile

(Get Free Report)

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; washers; spacers; brushes; fleet; fibre management; and furniture fittings.

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