Zotefoams (LON:ZTF) Reaches New 1-Year Low – What’s Next?

Zotefoams plc (LON:ZTF) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 247.75 ($3.20) and last traded at GBX 251 ($3.24), with a volume of 319056 shares trading hands. The stock had previously closed at GBX 278 ($3.59).

Zotefoams Price Performance

The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 42.07. The stock has a market cap of £119.76 million, a PE ratio of 12.06, a PEG ratio of 0.66 and a beta of 1.40. The business has a 50-day moving average price of GBX 286.54 and a 200 day moving average price of GBX 330.72.

Zotefoams (LON:ZTF) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 25.95 ($0.33) earnings per share (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%.

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.