Zotefoams (LON:ZTF) Releases Quarterly Earnings Results

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

Zotefoams Trading Down 3.1 %

LON ZTF opened at GBX 288.64 ($3.75) on Thursday. Zotefoams has a one year low of GBX 255 ($3.32) and a one year high of GBX 595.20 ($7.74). The company has a 50-day simple moving average of GBX 290.58 and a 200-day simple moving average of GBX 343.29. The company has a debt-to-equity ratio of 42.07, a quick ratio of 0.67 and a current ratio of 1.30. The firm has a market capitalization of £138.83 million, a PE ratio of 13.97, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40.

Zotefoams Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 1st will be issued a GBX 5.10 ($0.07) dividend. The ex-dividend date is Thursday, May 1st. This is a positive change from Zotefoams’s previous dividend of $2.38. This represents a dividend yield of 1.92%. Zotefoams’s payout ratio is 33.89%.

Insider Activity

In other news, insider Ronan Cox bought 3,204 shares of Zotefoams stock in a transaction on Monday, December 23rd. The stock was purchased at an average cost of GBX 310 ($4.03) per share, with a total value of £9,932.40 ($12,921.04). 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.