Zotefoams (LON:ZTF) Insider Buys £9,994.08 in Stock

Zotefoams plc (LON:ZTF) insider Lynn Drummond bought 2,256 shares of the business’s stock in a transaction on Friday, August 14th. The shares were acquired at an average price of GBX 443 per share, for a total transaction of £9,994.08.

Zotefoams Stock Down 0.2%

Shares of LON ZTF opened at GBX 437.31 on Thursday. Zotefoams plc has a 1 year low of GBX 318.55 and a 1 year high of GBX 479.88. The firm’s 50-day moving average is GBX 440.88 and its 200-day moving average is GBX 412.90. 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 has a market capitalization of £215.08 million, a PE ratio of 9.75, a price-to-earnings-growth ratio of 0.66 and a beta of 1.24.

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

Analyst Ratings Changes

Several brokerages have commented on ZTF. Peel Hunt reiterated a “buy” rating and set a GBX 550 target price on shares of Zotefoams in a research report on Wednesday, August 5th. Berenberg Bank restated a “buy” rating and issued a GBX 590 price target on shares of Zotefoams in a research report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Zotefoams has a consensus rating of “Buy” and an average 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.