Essentra (OTCMKTS:FLRAF) Trading 17.9% Higher – Should You Buy?

Essentra (OTCMKTS:FLRAFGet Free Report)’s stock price shot up 17.9% on Tuesday . The stock traded as high as $1.50 and last traded at $1.50. 3,500 shares traded hands during mid-day trading, an increase of 2,493% from the average session volume of 135 shares. The stock had previously closed at $1.2720.

Essentra Trading Up 17.9%

The business’s fifty day moving average is $1.31 and its 200-day moving average is $1.34. The company has a quick ratio of 1.61, a current ratio of 2.48 and a debt-to-equity ratio of 0.49.

About Essentra

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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.

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