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Zotefoams (LON:ZTF) Stock Passes Below Two Hundred Day Moving Average - Here's What Happened

Zotefoams logo with Basic Materials background

Zotefoams plc (LON:ZTF - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 454.06 ($5.76) and traded as low as GBX 343 ($4.35). Zotefoams shares last traded at GBX 350 ($4.44), with a volume of 43,119 shares trading hands.

Zotefoams Stock Performance

The stock's 50 day moving average price is GBX 391.55 and its 200 day moving average price is GBX 452.93. The company has a debt-to-equity ratio of 43.67, a quick ratio of 0.67 and a current ratio of 1.30. The company has a market capitalization of £168.64 million, a P/E ratio of 1,735.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40.

Zotefoams Company Profile

(Get Free Report)

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.

Further Reading

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