Zotefoams (LON:ZTF) Insider Nick Wright Purchases 35 Shares of Stock

Zotefoams plc (LON:ZTFGet Free Report) insider Nick Wright bought 35 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of GBX 436 per share, with a total value of £152.60.

Zotefoams Trading Down 2.8%

Shares of LON ZTF traded down GBX 12.50 during trading on Wednesday, hitting GBX 426.50. 123,924 shares of the company traded hands, compared to its average volume of 190,767. The firm has a market capitalization of £209.76 million, a P/E ratio of 9.51, a P/E/G ratio of 0.66 and a beta of 1.24. The company has a quick ratio of 0.67, a current ratio of 1.07 and a debt-to-equity ratio of 44.93. The company has a 50-day moving average price of GBX 440.39 and a 200-day moving average price of GBX 411.21. Zotefoams plc has a 1 year low of GBX 318.55 and a 1 year high of GBX 479.88.

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

Wall Street Analyst Weigh In

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

View Our Latest Research Report on ZTF

About Zotefoams

(Get Free Report)

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.

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