Zotefoams (LON:ZTF) Sets New 1-Year Low – What’s Next?

Shares of Zotefoams plc (LON:ZTF) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 268 ($3.37) and last traded at GBX 271.73 ($3.42), with a volume of 66343 shares changing hands. The stock had previously closed at GBX 274 ($3.45).

Zotefoams Stock Performance

The company’s fifty day moving average price is GBX 301.02 and its 200 day moving average price is GBX 362.50. The company has a market cap of £132.06 million, a PE ratio of 13.29, a P/E/G ratio of 0.66 and a beta of 1.40. The company has a debt-to-equity ratio of 42.07, a current ratio of 1.30 and a quick ratio of 0.67.

Insiders Place Their Bets

In related news, insider Ronan Cox bought 3,204 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost of GBX 310 ($3.90) per share, with a total value of £9,932.40 ($12,492.01). Insiders acquired 3,298 shares of company stock worth $1,023,282 over the last quarter. 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.