Zotefoams plc (LON:ZTF) Insider Gary McGrath Purchases 44 Shares

Zotefoams plc (LON:ZTF) insider Gary McGrath acquired 44 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The stock was bought at an average price of GBX 336 ($4.56) per share, with a total value of £147.84 ($200.73).

Zotefoams Stock Down 5.8%

Shares of ZTF opened at GBX 309 ($4.20) on Friday. The business’s fifty day moving average price is GBX 272.04 and its two-hundred day moving average price is GBX 290. The firm has a market capitalization of £148.62 million, a price-to-earnings ratio of 14.96, a PEG ratio of 0.66 and a beta of 1.40. Zotefoams plc has a 52 week low of GBX 222 ($3.01) and a 52 week high of GBX 536 ($7.28). The company has a debt-to-equity ratio of 42.07, a quick ratio of 0.67 and a current ratio of 1.30.

Zotefoams (LON:ZTF) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 25.95 ($0.35) EPS for the quarter. Zotefoams had a return on equity of 8.42% and a net margin of 7.45%.

Zotefoams Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 1st were given a dividend of GBX 5.10 ($0.07) per share. This is a boost from Zotefoams’s previous dividend of $2.38. The ex-dividend date was Thursday, May 1st. This represents a dividend yield of 1.92%. Zotefoams’s payout ratio is currently 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.