Zotefoams (LON:ZTF) Sets New 12-Month Low – Here’s Why

Zotefoams plc (LON:ZTF)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 278.10 ($3.52) and last traded at GBX 280 ($3.55), with a volume of 58386 shares traded. The stock had previously closed at GBX 284 ($3.60).

Zotefoams Trading Down 1.4 %

The stock has a market capitalization of £134.67 million, a price-to-earnings ratio of 13.56, a PEG ratio of 0.66 and a beta of 1.40. The company’s 50-day moving average is GBX 305.82 and its 200-day moving average is GBX 371.55. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 42.07.

Insider Buying and Selling

In related news, insider Ronan Cox bought 3,204 shares of the stock in a transaction on Monday, December 23rd. The stock was bought at an average price of GBX 310 ($3.93) per share, with a total value of £9,932.40 ($12,585.40). Over the last ninety days, insiders bought 3,298 shares of company stock worth $1,023,282. 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.