Zotefoams (LON:ZTF) Posts Earnings Results

Zotefoams (LON:ZTF) released its quarterly earnings data 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 Price Performance

Zotefoams stock opened at GBX 291 ($3.79) on Thursday. Zotefoams has a 52 week low of GBX 255 ($3.32) and a 52 week high of GBX 595.20 ($7.74). The business 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 quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 42.07. The stock has a market cap of £139.96 million, a price-to-earnings ratio of 14.09, a PEG ratio of 0.66 and a beta of 1.40.

Zotefoams Increases Dividend

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

Insider Buying and Selling

In other Zotefoams news, insider Ronan Cox bought 3,204 shares of Zotefoams stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average cost 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 company insiders.

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.