Zotefoams (LON:ZTF) Hits New 12-Month Low – Here’s What Happened

Zotefoams plc (LON:ZTF)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as GBX 278.10 ($3.51) and last traded at GBX 280 ($3.54), with a volume of 58386 shares trading hands. The stock had previously closed at GBX 284 ($3.59).

Zotefoams Stock Down 1.4 %

The company has a debt-to-equity ratio of 42.07, a quick ratio of 0.67 and a current ratio of 1.30. The firm has a fifty day simple moving average of GBX 304.82 and a 200-day simple moving average of GBX 369.19. The company has a market capitalization of £134.67 million, a PE ratio of 13.56, a P/E/G ratio of 0.66 and a beta of 1.40.

Insiders Place Their Bets

In other Zotefoams news, insider Ronan Cox acquired 3,204 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were bought at an average cost of GBX 310 ($3.92) per share, for a total transaction of £9,932.40 ($12,548.83). Insiders have acquired 3,298 shares of company stock worth $1,023,282 in the last three months. 18.96% of the stock is owned by 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.