Ronan Cox Acquires 34 Shares of Zotefoams (LON:ZTF) Stock

Zotefoams plc (LON:ZTF) insider Ronan Cox bought 34 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average cost of GBX 436 per share, for a total transaction of £148.24.

Zotefoams Stock Performance

Zotefoams stock traded down GBX 12.50 during midday trading on Wednesday, reaching GBX 426.50. 123,924 shares of the company’s stock were exchanged, compared to its average volume of 190,767. The stock’s 50-day simple moving average is GBX 440.39 and its 200 day simple moving average is GBX 411.21. The firm has a market cap of £209.76 million, a price-to-earnings ratio of 9.51, a P/E/G ratio of 0.66 and a beta of 1.24. The company has a debt-to-equity ratio of 44.93, a quick ratio of 0.67 and a current ratio of 1.07. Zotefoams plc has a 52 week low of GBX 318.55 and a 52 week high of GBX 479.88.

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

Wall Street Analyst Weigh In

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