Zotefoams (LON:ZTF) Reaches New 1-Year Low - Time to Sell?

Shares of Zotefoams plc (LON:ZTF - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 225 ($2.97) and last traded at GBX 225 ($2.97), with a volume of 88134 shares. The stock had previously closed at GBX 238 ($3.14).

Zotefoams Price Performance

The company has a market capitalization of £121.21 million, a P/E ratio of 12.20, a P/E/G ratio of 0.66 and a beta of 1.40. The firm's fifty day moving average is GBX 274.58 and its 200 day moving average is GBX 319.65. The company has a debt-to-equity ratio of 42.07, a quick ratio of 0.67 and a current ratio of 1.30.

Zotefoams (LON:ZTF - Get Free Report) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 25.95 ($0.34) EPS for the quarter. Zotefoams had a net margin of 7.45% and a return on equity of 8.42%.

Zotefoams Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 1st will be issued a GBX 5.10 ($0.07) dividend. The ex-dividend date is Thursday, May 1st. This represents a dividend yield of 1.92%. This is a positive change from Zotefoams's previous dividend of $2.38. Zotefoams's payout ratio is currently 33.89%.

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.