Zacks Investment Research Downgrades Essentra Plc (FLRAF) to Sell
Essentra Plc (NASDAQ:FLRAF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.
According to Zacks, “Essentra plc manufactures and supplies specialty plastic, fiber, foam and packaging products. The Company produces plastic molded and adhesive coated foam and metal products, custom bonded fiber and foam components, self adhesive tear tape, labels, products and technologies. Essentra plc is headquartered in Milton Keynes, the United Kingdom. “
Essentra Plc (NASDAQ:FLRAF) remained flat at $7.15 on Tuesday. Essentra Plc has a 1-year low of $4.92 and a 1-year high of $7.35. The firm has a market capitalization of $1.87 billion and a PE ratio of 26.98. The company’s 50 day moving average price is $6.88 and its 200 day moving average price is $6.98.
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