Insider Selling: Zotefoams plc (LON:ZTF) Insider Sells 1,649 Shares of Stock

Zotefoams plc (LON:ZTF) insider Gary McGrath sold 1,649 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of GBX 432 ($5.43), for a total transaction of £7,123.68 ($8,949.35).

Zotefoams Trading Up 1.3 %

LON ZTF opened at GBX 435.75 ($5.47) on Friday. The company has a market cap of £211.77 million, a price-to-earnings ratio of 2,263.16, a price-to-earnings-growth ratio of 0.66 and a beta of 1.26. Zotefoams plc has a twelve month low of GBX 258.55 ($3.25) and a twelve month high of GBX 445 ($5.59). The company has a quick ratio of 0.67, a current ratio of 1.42 and a debt-to-equity ratio of 32.71. The business’s fifty day moving average is GBX 373.48 and its 200 day moving average is GBX 350.20.

Zotefoams Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, June 3rd. Stockholders of record on Thursday, May 2nd will be paid a dividend of GBX 4.90 ($0.06) per share. This represents a dividend yield of 1.46%. This is a positive change from Zotefoams’s previous dividend of $2.28. The ex-dividend date is Thursday, May 2nd. Zotefoams’s dividend payout ratio (DPR) is presently 3,684.21%.

About Zotefoams

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.