Zotefoams (LON:ZTF) Stock Crosses Above 200 Day Moving Average of $339.05

Zotefoams plc (LON:ZTF) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 339.05 ($4.29) and traded as high as GBX 379.10 ($4.80). Zotefoams shares last traded at GBX 375 ($4.75), with a volume of 25,770 shares changing hands.

Zotefoams Price Performance

The firm has a market capitalization of £183.19 million, a PE ratio of 1,973.68, a P/E/G ratio of 0.66 and a beta of 1.23. The company has a debt-to-equity ratio of 32.71, a quick ratio of 0.67 and a current ratio of 1.42. The stock has a fifty day moving average price of GBX 357.42 and a 200-day moving average price of GBX 339.05.

Zotefoams Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, May 2nd will be paid a GBX 4.90 ($0.06) dividend. This represents a yield of 1.46%. The ex-dividend date is Thursday, May 2nd. This is a positive change from Zotefoams’s previous dividend of $2.28. Zotefoams’s payout ratio is 3,684.21%.

Insiders Place Their Bets

In other news, insider Malcolm Swift purchased 5,419 shares of the stock in a transaction dated Wednesday, March 27th. The shares were acquired at an average cost of GBX 394 ($4.99) per share, for a total transaction of £21,350.86 ($27,022.98). Over the last ninety days, insiders bought 5,503 shares of company stock worth $2,165,086. 18.63% of the stock is owned by corporate insiders.

About Zotefoams

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, Europe, North America, and internationally. 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; Ecozote foam that offers circularity and reduce reliance on fossil fuel-derived raw materials.