Zotefoams (LON:ZTF) Insider Nick Wright Buys 40 Shares of Stock

Zotefoams plc (LON:ZTF) insider Nick Wright acquired 40 shares of the business’s stock in a transaction dated Monday, April 13th. The stock was purchased at an average price of GBX 379 per share, with a total value of £151.60.

Zotefoams Trading Down 0.3%

Shares of Zotefoams stock opened at GBX 378 on Thursday. The company has a quick ratio of 0.67, a current ratio of 1.02 and a debt-to-equity ratio of 43.83. The firm has a market cap of £184.93 million, a price-to-earnings ratio of 8.42, a price-to-earnings-growth ratio of 0.66 and a beta of 1.20. The business has a fifty day simple moving average of GBX 393.35 and a 200-day simple moving average of GBX 400.86. Zotefoams plc has a fifty-two week low of GBX 236.30 and a fifty-two week high of GBX 479.88.

Zotefoams (LON:ZTF) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 38 earnings per share for the quarter. Zotefoams had a return on equity of 18.25% and a net margin of 14.28%.

Analysts Set New Price Targets

ZTF has been the subject of several research analyst reports. Canaccord Genuity Group upped their price objective on Zotefoams from GBX 640 to GBX 675 and gave the company a “buy” rating in a report on Wednesday, March 18th. Berenberg Bank upped their price objective on Zotefoams from GBX 540 to GBX 590 and gave the company a “buy” rating in a report on Tuesday, January 27th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 605.

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.