Zotefoams (LON:ZTF) Posts Earnings Results

Zotefoams (LON:ZTF - Get Free Report) announced 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 Price Performance

Shares of LON:ZTF traded up GBX 8 ($0.10) during midday trading on Friday, reaching GBX 295 ($3.81). 98,969 shares of the company's stock were exchanged, compared to its average volume of 125,360. The company's 50 day simple moving average is GBX 290.14 and its two-hundred day simple moving average is GBX 340.85. The firm has a market capitalization of £141.89 million, a PE ratio of 14.28, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40. Zotefoams has a 12 month low of GBX 255 ($3.29) and a 12 month high of GBX 595.20 ($7.68). The company has a debt-to-equity ratio of 42.07, a quick ratio of 0.67 and a current ratio of 1.30.

Zotefoams Increases Dividend

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

Insider Activity at Zotefoams

In related news, insider Ronan Cox acquired 3,204 shares of the stock in a transaction on Monday, December 23rd. The stock was purchased at an average price of GBX 310 ($4.00) per share, for a total transaction of £9,932.40 ($12,824.27). 18.96% of the stock is currently owned by insiders.

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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.