Zotefoams (LON:ZTF) Hits New 12-Month Low – Here’s What Happened

Zotefoams plc (LON:ZTF) reached a new 52-week low on Friday . The stock traded as low as GBX 278.10 ($3.51) and last traded at GBX 280 ($3.54), with a volume of 58386 shares traded. The stock had previously closed at GBX 284 ($3.59).

Zotefoams Price Performance

The company has a 50-day moving average of GBX 304.82 and a two-hundred day moving average of GBX 369.19. The stock has a market capitalization of £134.67 million, a PE ratio of 13.56, a P/E/G ratio of 0.66 and a beta of 1.40. The company has a debt-to-equity ratio of 42.07, a current ratio of 1.30 and a quick ratio of 0.67.

Insiders Place Their Bets

In other news, insider Ronan Cox purchased 3,204 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was bought at an average cost of GBX 310 ($3.92) per share, for a total transaction of £9,932.40 ($12,548.83). Insiders bought 3,298 shares of company stock worth $1,023,282 over the last three months. 18.96% of the stock is owned by insiders.

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.