Zotefoams (LON:ZTF) Insider Buys £19,905.60 in Stock

Zotefoams plc (LON:ZTF) insider Jack Clarke bought 4,290 shares of the business’s stock in a transaction that occurred on Monday, November 9th. The shares were acquired at an average price of GBX 464 per share, for a total transaction of £19,905.60.

Zotefoams Trading Up 0.2%

Shares of ZTF stock opened at GBX 455.69 on Friday. The company has a market cap of £224.67 million, a P/E ratio of 9.06, a PEG ratio of 0.66 and a beta of 1.24. The stock has a 50 day simple moving average of GBX 455.21 and a two-hundred day simple moving average of GBX 424.52. The company has a debt-to-equity ratio of 44.93, a quick ratio of 0.67 and a current ratio of 1.07. Zotefoams plc has a fifty-two week low of GBX 318.55 and a fifty-two week high of GBX 513.14.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ZTF shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 590 price objective on shares of Zotefoams in a research report on Wednesday. Peel Hunt restated a “buy” rating and issued a GBX 550 price target on shares of Zotefoams in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 605.

Zotefoams Company Profile

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.