Zotefoams (LON:ZTF) Insider Sells £41,815.28 in Stock

Key Points

• Insider Sale: Gary McGrath, an insider at Zotefoams, sold 10,376 shares at an average price of GBX 403, totaling £41,815.28 on September 29th.
• Stock Performance: Zotefoams stock rose by GBX 5 to hit GBX 408, with a market cap of £198.81 million and a 12-month high of GBX 447.
• Analyst Rating: Berenberg Bank maintained a "buy" rating on Zotefoams with a target price set at GBX 540, reflecting a consensus among analysts to purchase the stock.

Zotefoams plc (LON:ZTF - Get Free Report) insider Gary McGrath sold 10,376 shares of the firm's stock in a transaction on Monday, September 29th. The shares were sold at an average price of GBX 403, for a total transaction of £41,815.28.

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

• On Thursday, September 11th, Gary McGrath bought 38 shares of Zotefoams stock. The stock was bought at an average cost of GBX 392 per share, for a total transaction of £148.96.
• On Monday, August 11th, Gary McGrath bought 40 shares of Zotefoams stock. The stock was bought at an average cost of GBX 370 per share, for a total transaction of £148.
• On Friday, July 11th, Gary McGrath acquired 48 shares of Zotefoams stock. The shares were acquired at an average cost of GBX 316 per share, for a total transaction of £151.68.

Zotefoams Stock Performance

Zotefoams stock traded up GBX 5 during midday trading on Tuesday, hitting GBX 408. 82,977 shares of the company's stock were exchanged, compared to its average volume of 119,389. Zotefoams plc has a 12-month low of GBX 222 and a 12-month high of GBX 447. The company has a debt-to-equity ratio of 42.07, a quick ratio of 0.67 and a current ratio of 1.30. The stock has a market cap of £198.81 million, a price-to-earnings ratio of 35,478.26, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40. The firm's 50 day simple moving average is GBX 379.54 and its 200 day simple moving average is GBX 318.17.

Zotefoams (LON:ZTF - Get Free Report) 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 Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and set a GBX 540 target price on shares of Zotefoams in a research report on Tuesday, August 26th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Zotefoams currently has an average rating of "Buy" and a consensus target price of GBX 540.

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.

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