Zotefoams (LON:ZTF) Earns “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Zotefoams (LON:ZTF) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.

Shares of ZTF opened at GBX 180 ($2.37) on Monday. The firm’s 50-day moving average price is GBX 334.87 and its 200-day moving average price is GBX 403.63. The firm has a market capitalization of $86.70 million and a price-to-earnings ratio of 10.47. The company has a current ratio of 2.57, a quick ratio of 1.66 and a debt-to-equity ratio of 34.07. Zotefoams has a 1-year low of GBX 215 ($2.83) and a 1-year high of GBX 650 ($8.55).

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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