Zotefoams (LON:ZTF) Releases Earnings Results

Zotefoams (LON:ZTF) posted its earnings results on Tuesday. The company reported GBX 25.95 ($0.34) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Zotefoams had a return on equity of 8.42% and a net margin of 7.45%.

Zotefoams Stock Down 3.7 %

LON ZTF traded down GBX 11 ($0.14) during mid-day trading on Thursday, reaching GBX 287 ($3.73). 143,289 shares of the company’s stock traded hands, compared to its average volume of 127,213. Zotefoams has a 1-year low of GBX 255 ($3.32) and a 1-year high of GBX 595.20 ($7.74). The company has a fifty day simple moving average of GBX 290.58 and a 200-day simple moving average of GBX 343.29. The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 42.07. The company has a market cap of £138.04 million, a price-to-earnings ratio of 13.89, a P/E/G ratio of 0.66 and a beta of 1.40.

Zotefoams Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 1st will be paid 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 dividend payout ratio (DPR) is 33.89%.

Insider Buying and Selling at Zotefoams

In other news, insider Ronan Cox bought 3,204 shares of the firm’s stock in a transaction dated Monday, December 23rd. The stock was bought at an average price of GBX 310 ($4.03) per share, for a total transaction of £9,932.40 ($12,921.04). 18.96% of the stock is owned by insiders.

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.