Zotefoams (LON:ZTF) Announces Quarterly Earnings Results

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

Zotefoams Trading Up 2.9 %

Shares of Zotefoams stock opened at GBX 273.80 ($3.56) on Wednesday. The firm has a market capitalization of £131.69 million, a price-to-earnings ratio of 13.26, a PEG ratio of 0.66 and a beta of 1.40. Zotefoams has a fifty-two week low of GBX 255 ($3.32) and a fifty-two week high of GBX 595.20 ($7.74). 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 stock has a 50 day moving average of GBX 290.38 and a 200 day moving average of GBX 343.61.

Zotefoams Increases Dividend

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

Insider Buying and Selling

In other Zotefoams news, insider Ronan Cox acquired 3,204 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average cost of GBX 310 ($4.03) per share, for a total transaction of £9,932.40 ($12,912.64). 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.