Zotefoams (LON:ZTF) Share Price Crosses Above 200 Day Moving Average of $437.47

Zotefoams plc (LON:ZTF) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 437.47 ($5.77) and traded as high as GBX 476.02 ($6.28). Zotefoams shares last traded at GBX 469 ($6.18), with a volume of 30,763 shares changing hands.

Zotefoams Stock Up 0.7 %

The company has a market cap of £229.49 million, a price-to-earnings ratio of 2,345.00, a P/E/G ratio of 0.66 and a beta of 1.44. The business has a fifty day moving average price of GBX 478.66 and a two-hundred day moving average price of GBX 437.47. The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 43.67.

Zotefoams Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, October 7th. Investors of record on Thursday, September 5th will be paid a GBX 2.38 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a dividend yield of 0.48%. Zotefoams’s payout ratio is 3,500.00%.

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.