Zotefoams (LON:ZTF) Insider Buys 35 Shares

Zotefoams plc (LON:ZTF) insider Nick Wright bought 35 shares of the stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of GBX 436 per share, for a total transaction of £152.60.

Zotefoams Trading Down 2.8%

ZTF stock traded down GBX 12.50 on Wednesday, reaching GBX 426.50. The company’s stock had a trading volume of 123,924 shares, compared to its average volume of 190,767. The business has a fifty day simple moving average of GBX 440.39 and a two-hundred day simple moving average of GBX 411.21. Zotefoams plc has a 12-month low of GBX 318.55 and a 12-month high of GBX 479.88. The company has a debt-to-equity ratio of 44.93, a quick ratio of 0.67 and a current ratio of 1.07. The firm has a market cap of £209.76 million, a PE ratio of 9.51, a PEG ratio of 0.66 and a beta of 1.24.

Zotefoams (LON:ZTF) last issued its quarterly earnings data on Wednesday, August 5th. The company reported GBX 25.70 EPS for the quarter. Zotefoams had a net margin of 13.88% and a return on equity of 18.18%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Peel Hunt restated a “buy” rating and issued a GBX 550 price objective on shares of Zotefoams in a research note on Wednesday, August 5th. Berenberg Bank restated a “buy” rating and set a GBX 590 price objective on shares of Zotefoams in a research note on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 605.

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.