Zotefoams (LON:ZTF) Hits New 1-Year Low – Here’s Why

Zotefoams plc (LON:ZTF) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 280 ($3.42) and last traded at GBX 288 ($3.52), with a volume of 92129 shares changing hands. The stock had previously closed at GBX 304 ($3.71).

Zotefoams Stock Up 4.1 %

The company has a debt-to-equity ratio of 43.67, a current ratio of 1.30 and a quick ratio of 0.67. The firm’s 50-day moving average price is GBX 333.49 and its 200 day moving average price is GBX 408.25. The firm has a market capitalization of £149.69 million, a price-to-earnings ratio of 1,540.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40.

Insiders Place Their Bets

In other news, insider Ronan Cox acquired 3,204 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was acquired at an average price of GBX 310 ($3.79) per share, with a total value of £9,932.40 ($12,127.47). 18.96% of the stock is currently owned by company insiders.

Zotefoams Company Profile

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; and Ecozote foam for plastic products that offers circularity and reduce reliance on fossil fuel-derived raw materials.