Zotefoams (LON:ZTF) Reaches New 12-Month Low – What’s Next?

Zotefoams plc (LON:ZTF)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 225 ($2.88) and last traded at GBX 225 ($2.88), with a volume of 88134 shares changing hands. The stock had previously closed at GBX 238 ($3.04).

Zotefoams Stock Performance

The company has a debt-to-equity ratio of 42.07, a current ratio of 1.30 and a quick ratio of 0.67. The firm has a market capitalization of £108.22 million, a PE ratio of 10.89, a P/E/G ratio of 0.66 and a beta of 1.40. The company’s fifty day simple moving average is GBX 280.88 and its 200 day simple moving average is GBX 325.93.

Zotefoams (LON:ZTF) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 25.95 ($0.33) EPS for the quarter. Zotefoams had a net margin of 7.45% and a return on equity of 8.42%.

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 boost from Zotefoams’s previous dividend of $2.38. This represents a dividend yield of 1.92%. Zotefoams’s payout ratio is 33.89%.

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.