Zotefoams (LON:ZTF) Reaches New 52-Week Low – Here’s What Happened

Zotefoams plc (LON:ZTF) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 280 ($3.49) and last traded at GBX 288 ($3.59), with a volume of 92129 shares. The stock had previously closed at GBX 304 ($3.79).

Zotefoams Stock Performance

The firm has a market cap of £139.97 million, a price-to-earnings ratio of 1,440.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40. 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 fifty day moving average price of GBX 336.76 and a 200 day moving average price of GBX 409.88.

Insiders Place Their Bets

In other Zotefoams news, insider Ronan Cox purchased 3,204 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was bought at an average cost of GBX 310 ($3.87) per share, for a total transaction of £9,932.40 ($12,390.72). Company insiders own 18.96% of the company’s stock.

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.