Zotefoams (LON:ZTF) Insider Ronan Cox Purchases 34 Shares of Stock

Zotefoams plc (LON:ZTF) insider Ronan Cox bought 34 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of GBX 436 per share, for a total transaction of £148.24.

Zotefoams Stock Performance

LON:ZTF traded down GBX 12.50 during trading hours on Wednesday, reaching GBX 426.50. The company had a trading volume of 123,924 shares, compared to its average volume of 190,767. The firm has a market cap of £209.76 million, a price-to-earnings ratio of 9.51, a PEG ratio of 0.66 and a beta of 1.24. The company has a current ratio of 1.07, a quick ratio of 0.67 and a debt-to-equity ratio of 44.93. The firm’s 50 day moving average price is GBX 440.39 and its 200-day moving average price is GBX 411.21. Zotefoams plc has a 52 week low of GBX 318.55 and a 52 week high of GBX 479.88.

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ZTF. Peel Hunt reiterated a “buy” rating and issued a GBX 550 price target on shares of Zotefoams in a report on Wednesday, August 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 590 target price on shares of Zotefoams in a report on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company 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.