Zotefoams (LON:ZTF) Stock Price Passes Below Two Hundred Day Moving Average of $296.21

Zotefoams plc (LON:ZTFGet Rating)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 296.21 ($3.58) and traded as low as GBX 256 ($3.09). Zotefoams shares last traded at GBX 256 ($3.09), with a volume of 8,974 shares.

Zotefoams Stock Performance

The firm’s 50 day moving average price is GBX 277.25 and its 200-day moving average price is GBX 296.21. The firm has a market cap of ¬£124.47 million and a price-to-earnings ratio of 2,133.33. The company has a debt-to-equity ratio of 44.04, a current ratio of 1.11 and a quick ratio of 0.67.

Zotefoams Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 7th. Stockholders of record on Thursday, September 8th will be paid a GBX 2.18 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 8th. This represents a dividend yield of 0.89%. Zotefoams’s payout ratio is 54.17%.

Insider Transactions at Zotefoams

In related news, insider David Stirling acquired 15,000 shares of the stock in a transaction dated Thursday, June 30th. The shares were acquired at an average price of GBX 273 ($3.30) per share, for a total transaction of £40,950 ($49,480.43).

Zotefoams Company Profile

(Get Rating)

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, Continental 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 brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand.

Further Reading

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