Zotefoams - ZTF Share Forecast, Price & News

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, Continental 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 brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand. The company also provides T-FIT, a clean insulation system that is used in the pharmaceutical, biotech, and semiconductor cleanroom industries. In addition, it owns and licenses patented MuCell microcellular foam technology, as well as sells related machinery. The company primarily serves the automotive, aerospace, product protection, industrial parts, marine, building and construction, military, and sports and leisure industries. Zotefoams plc was founded in 1921 and is headquartered in Croydon, the United Kingdom.

Zotefoams Stock Down 0.8 %

ZTF opened at GBX 310.50 ($3.75) on Thursday. Zotefoams has a one year low of GBX 241 ($2.91) and a one year high of GBX 455 ($5.50). The company has a debt-to-equity ratio of 44.04, a quick ratio of 0.67 and a current ratio of 1.11. The stock's fifty day moving average is GBX 277.49 and its 200-day moving average is GBX 310.42. The company has a market capitalization of £150.97 million and a PE ratio of 2,608.33.

Zotefoams Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 7th. Stockholders of record on Thursday, September 8th will be paid a GBX 2.18 ($0.03) dividend. This represents a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, September 8th. Zotefoams's dividend payout ratio is presently 53.08%.

Insider Transactions at Zotefoams

In other news, insider David Stirling acquired 15,000 shares of the company's stock in a transaction dated Thursday, June 30th. The shares were bought at an average price of GBX 273 ($3.30) per share, with a total value of £40,950 ($49,480.43). In related news, insider Gary McGrath sold 6,119 shares of Zotefoams stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of GBX 307 ($3.71), for a total value of £18,785.33 ($22,698.56). Also, insider David Stirling bought 15,000 shares of the firm's stock in a transaction that occurred on Thursday, June 30th. The stock was bought at an average price of GBX 273 ($3.30) per share, for a total transaction of £40,950 ($49,480.43).