Zotefoams (LON:ZTF) Insider Ronan Cox Acquires 40 Shares of Stock

Zotefoams plc (LON:ZTF) insider Ronan Cox bought 40 shares of the firm’s stock in a transaction on Monday, April 13th. The stock was bought at an average cost of GBX 379 per share, for a total transaction of £151.60.

Zotefoams Trading Down 0.3%

LON ZTF opened at GBX 378 on Thursday. The firm’s 50-day moving average is GBX 393.35 and its two-hundred day moving average is GBX 400.86. Zotefoams plc has a 12 month low of GBX 236.30 and a 12 month high of GBX 479.88. The company has a debt-to-equity ratio of 43.83, a current ratio of 1.02 and a quick ratio of 0.67. The stock has a market capitalization of £184.93 million, a P/E ratio of 8.42, a PEG ratio of 0.66 and a beta of 1.20.

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

Wall Street Analyst Weigh In

ZTF has been the topic of a number of recent analyst reports. Canaccord Genuity Group upped their target price on shares of Zotefoams from GBX 640 to GBX 675 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Berenberg Bank upped their target price on shares of Zotefoams from GBX 540 to GBX 590 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Zotefoams currently has a consensus rating of “Buy” and an average target price 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.