Zotefoams (LON:ZTF) Insider Gary McGrath Acquires 38 Shares

Zotefoams plc (LON:ZTF) insider Gary McGrath bought 38 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The shares were acquired at an average cost of GBX 392 per share, with a total value of £148.96.

Gary McGrath also recently made the following trade(s):

• On Monday, August 11th, Gary McGrath bought 40 shares of Zotefoams stock. The shares were acquired at an average cost of GBX 370 per share, with a total value of £148.
• On Friday, July 11th, Gary McGrath bought 48 shares of Zotefoams stock. The shares were acquired at an average cost of GBX 316 per share, with a total value of £151.68.

Zotefoams Stock Up 0.8%

ZTF stock opened at GBX 393 on Friday. Zotefoams plc has a 12 month low of GBX 222 and a 12 month high of GBX 447. The firm has a market cap of £191.50 million, a PE ratio of 34,173.91, a P/E/G ratio of 0.66 and a beta of 1.40. The firm has a 50 day simple moving average of GBX 362.45 and a 200 day simple moving average of GBX 308.02. The company has a debt-to-equity ratio of 42.07, a current ratio of 1.30 and a quick ratio of 0.67.

Zotefoams (LON:ZTF) last released its earnings results on Tuesday, August 5th. The company reported GBX 19.99 EPS for the quarter. Zotefoams had a net margin of 7.45% and a return on equity of 8.42%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 540 target price on shares of Zotefoams in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 540.

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.