Zotefoams (LON:ZTF) Insider Buys 4,290 Shares of Company Stock

Zotefoams plc (LON:ZTF) insider Jack Clarke purchased 4,290 shares of the business’s stock in a transaction on Monday, November 9th. The stock was purchased at an average cost of GBX 464 per share, with a total value of £19,905.60.

Zotefoams Stock Up 1.7%

Shares of ZTF opened at GBX 465.50 on Tuesday. The stock has a market cap of £229.51 million, a price-to-earnings ratio of 9.26, 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. Zotefoams plc has a 12 month low of GBX 318.55 and a 12 month high of GBX 513.14. The company has a 50-day moving average price of GBX 454.39 and a two-hundred day moving average price of GBX 423.46.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ZTF. Peel Hunt restated a “buy” rating and issued a GBX 550 target price on shares of Zotefoams in a research note on Wednesday, August 5th. Berenberg Bank reissued a “buy” rating and set a GBX 590 price target on shares of Zotefoams in a report on Wednesday, October 14th. Three analysts have rated the stock with a Buy rating. According to MarketBeat, the company has an average rating of “Buy” and a consensus 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.