Zotefoams (LON:ZTF) Hits New 12-Month Low – Here’s Why

Zotefoams plc (LON:ZTF)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 310 ($3.87) and last traded at GBX 325 ($4.06), with a volume of 40186 shares trading hands. The stock had previously closed at GBX 325.50 ($4.07).

Zotefoams Stock Down 2.6 %

The firm has a market cap of £145.80 million, a price-to-earnings ratio of 1,500.00, a PEG ratio of 0.66 and a beta of 1.40. The firm has a 50 day moving average of GBX 360.01 and a 200 day moving average of GBX 431.17. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 43.67.

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.