essensys (LON:ESYS) Stock Price Down 3.2% – Should You Sell?

Shares of essensys plc (LON:ESYS) were down 3.2% during mid-day trading on Friday . The company traded as low as GBX 14.05 and last traded at GBX 15. Approximately 458,162 shares traded hands during trading, an increase of 744% from the average daily volume of 54,303 shares. The stock had previously closed at GBX 15.50.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 41 price target on shares of essensys in a research report on Thursday, September 4th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, essensys presently has an average rating of “Buy” and an average target price of GBX 41.

essensys Stock Down 6.5%

The company has a market capitalization of £9.39 million, a price-to-earnings ratio of -3.66 and a beta of 0.60. The firm’s 50-day simple moving average is GBX 15.91 and its 200-day simple moving average is GBX 22.54. The company has a debt-to-equity ratio of 8.59, a quick ratio of 3.01 and a current ratio of 2.01.

About essensys

Founded in 2006 and listed on the London Stock Exchange AIM Market, essensys is a leading global provider of software and technology to the commercial real estate industry.

Partnering with many of the world’s leading landlords and flexible workspace operators, essensys delivers innovative digital experience (DX) solutions that drive occupancy, maximise yield and reduce operating costs.