Essentra (OTCMKTS:FLRAF) Upgraded to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Essentra (OTCMKTS:FLRAF) from a sell rating to a hold rating in a research report released on Monday, Zacks.com reports.

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. “

Shares of OTCMKTS:FLRAF opened at $5.48 on Monday. Essentra has a 52 week low of $4.92 and a 52 week high of $5.48. The company has a quick ratio of 1.18, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. The company has a 50 day moving average price of $5.09 and a two-hundred day moving average price of $5.25.

Further Reading: Leveraged Buyout (LBO) Explained

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