Zotefoams (ZTF) Rating Reiterated by Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Zotefoams (LON:ZTF) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports.

LON:ZTF opened at GBX 622 ($8.13) on Wednesday. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 23.55. The stock has a market cap of $297.92 million and a PE ratio of 37.25. Zotefoams has a one year low of GBX 499 ($6.52) and a one year high of GBX 716 ($9.36).

The company also recently disclosed a dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, April 25th will be given a GBX 4.15 ($0.05) dividend. This represents a yield of 0.68%. This is an increase from Zotefoams’s previous dividend of $1.97. The ex-dividend date is Thursday, April 25th. Zotefoams’s dividend payout ratio is presently 0.36%.

In other Zotefoams news, insider David Stirling sold 803 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of GBX 597 ($7.80), for a total value of £4,793.91 ($6,264.09). Insiders sold a total of 13,725 shares of company stock valued at $7,853,235 over the last ninety days.

About Zotefoams

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polymer foam in the United Kingdom and Eire, Continental Europe, North America, and internationally. The company operates through Polyolefins, High-Performance Products (HPP), and MuCell Extrusion LLC (MEL) segments. It offers AZOTE family of polyolefin foams under the Plastazote, Evazote, and Supazote brands; and ZOTEK range of high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK F, ZOTEK N, and ZOTEK PEBA brand names.

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