Zotefoams (LON:ZTF) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Zotefoams plc (LON:ZTF) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 295.08 ($3.95) and traded as low as GBX 272.32 ($3.65). Zotefoams shares last traded at GBX 275 ($3.68), with a volume of 91,371 shares.

Zotefoams Trading Up 0.4%

The company has a debt-to-equity ratio of 42.07, a current ratio of 1.30 and a quick ratio of 0.67. The firm’s 50 day moving average price is GBX 260.76 and its 200-day moving average price is GBX 295.08. The stock has a market cap of £133.71 million, a P/E ratio of 13.46, a P/E/G ratio of 0.66 and a beta of 1.40.

Zotefoams (LON:ZTF) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 25.95 ($0.35) earnings per share 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 disclosed a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 1st will be issued a dividend of GBX 5.10 ($0.07) per share. This represents a dividend yield of 1.92%. This is a boost from Zotefoams’s previous dividend of $2.38. The ex-dividend date of this dividend is Thursday, May 1st. Zotefoams’s payout ratio is presently 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.