Zotefoams (LON:ZTF) Hits New 12-Month Low – Should You Sell?

Zotefoams plc (LON:ZTF)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 280 ($3.42) and last traded at GBX 288 ($3.52), with a volume of 92129 shares changing hands. The stock had previously closed at GBX 304 ($3.71).

Zotefoams Stock Performance

The stock has a 50 day simple moving average of GBX 333.49 and a 200 day simple moving average of GBX 408.25. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 43.67. The company has a market cap of £149.69 million, a price-to-earnings ratio of 1,540.00, a PEG ratio of 0.66 and a beta of 1.40.

Insider Activity

In other Zotefoams news, insider Ronan Cox bought 3,204 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average cost of GBX 310 ($3.79) per share, with a total value of £9,932.40 ($12,127.47). Insiders own 18.96% of the company’s stock.

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.