Zotefoams (LON:ZTF) Share Price Crosses Below 200-Day Moving Average - Here's What Happened


Zotefoams (LON:ZTF) Share Price Crosses Below 200-Day Moving Average   - Here's What Happened

Zotefoams plc (LON:ZTF - Get Free Report)'s share price crossed 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 changing hands.

The firm has a market capitalization of £168.39 million, a price-to-earnings ratio of 1,750.00, a P/E/G ratio of 0.66 and a beta of 1.40. 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 50 day moving average price of GBX 395.57 and a two-hundred day moving average price of GBX 454.06.

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.

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