Zotefoams (LON:ZTF) Announces Quarterly Earnings Results

Zotefoams (LON:ZTF) announced its quarterly earnings data on Tuesday. The company reported GBX 25.95 ($0.34) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Zotefoams had a net margin of 7.45% and a return on equity of 8.42%.

Zotefoams Stock Down 3.0 %

Shares of ZTF opened at GBX 288.92 ($3.76) on Thursday. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 42.07. The company has a 50-day moving average price of GBX 290.58 and a two-hundred day moving average price of GBX 343.29. The stock has a market cap of £138.96 million, a price-to-earnings ratio of 13.99, a P/E/G ratio of 0.66 and a beta of 1.40. Zotefoams has a 12 month low of GBX 255 ($3.32) and a 12 month high of GBX 595.20 ($7.74).

Zotefoams Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 1st will be given a GBX 5.10 ($0.07) dividend. This represents a yield of 1.92%. The ex-dividend date is Thursday, May 1st. This is a positive change from Zotefoams’s previous dividend of $2.38. Zotefoams’s dividend payout ratio is 33.89%.

Insider Activity

In other news, insider Ronan Cox bought 3,204 shares of Zotefoams stock in a transaction dated Monday, December 23rd. The shares were bought at an average price of GBX 310 ($4.03) per share, for a total transaction of £9,932.40 ($12,921.04). Corporate insiders own 18.96% of the company’s stock.

About Zotefoams

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.