Zotefoams (LON:ZTF) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Zotefoams plc (LON:ZTF) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 403.44 ($4.91) and traded as low as GBX 300 ($3.65). Zotefoams shares last traded at GBX 310 ($3.77), with a volume of 37,117 shares traded.

Zotefoams Trading Up 1.0 %

The firm has a market capitalization of £147.26 million, a PE ratio of 1,515.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40. The company has a debt-to-equity ratio of 43.67, a current ratio of 1.30 and a quick ratio of 0.67. The company has a fifty day moving average of GBX 327.34 and a 200-day moving average of GBX 401.73.

Insider Transactions at Zotefoams

In other Zotefoams news, insider Ronan Cox bought 3,204 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was bought at an average cost of GBX 310 ($3.77) per share, with a total value of £9,932.40 ($12,084.68). Company insiders own 18.96% of the company’s stock.

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.