Zotefoams (LON:ZTF) Hits New 52-Week Low – What’s Next?

Zotefoams plc (LON:ZTF)’s share price hit a new 52-week low 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 Trading Down 5.3 %

The company’s fifty day moving average price is GBX 336.76 and its two-hundred day moving average price is GBX 409.88. The company 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 quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 43.67.

Insider Activity

In other news, insider Ronan Cox purchased 3,204 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price of GBX 310 ($3.87) per share, with a total value of £9,932.40 ($12,390.72). 18.96% of the stock is currently owned by corporate 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.