Zotefoams (LON:ZTF) Hits New 1-Year Low – Time to Sell?

Zotefoams plc (LON:ZTF)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 310 ($3.87) and last traded at GBX 325 ($4.06), with a volume of 40186 shares traded. The stock had previously closed at GBX 325.50 ($4.07).

Zotefoams Stock Down 2.6 %

The stock’s 50-day moving average price is GBX 360.01 and its 200-day moving average price is GBX 431.17. The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 43.67. The stock has a market cap of £145.80 million, a price-to-earnings ratio of 1,500.00, a P/E/G ratio of 0.66 and a beta of 1.40.

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.