The stock of Zotefoams plc (LON:ZTF) hit a new 52-week low and has GBX 219.02 target or 13.00% below today’s GBX 251.75 share price. The 5 months bearish chart indicates high risk for the GBX 111.81 million company. The 1-year low was reported on Nov, 4 by Barchart.com. If the GBX 219.02 price target is reached, the company will be worth GBX 14.54 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 2.04% or GBX 5.25 on November 4, hitting GBX 251.75. About 16,194 shares traded hands. Zotefoams plc (LON:ZTF) has declined 11.32% since April 7, 2016 and is downtrending. It has underperformed by 12.41% the S&P500.
Zotefoams plc (LON:ZTF) Ratings Coverage
Out of 3 analysts covering Zotefoams PLC (LON:ZTF), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Zotefoams PLC has been the topic of 12 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Investec maintained the shares of ZTF in a report on Thursday, February 11 with “Hold” rating. The stock of Zotefoams plc (LON:ZTF) has “Buy” rating given on Wednesday, May 18 by Panmure Gordon. Investec maintained the stock with “Hold” rating in Tuesday, March 15 report. The stock of Zotefoams plc (LON:ZTF) has “Hold” rating given on Monday, November 2 by Investec. The stock of Zotefoams plc (LON:ZTF) has “Buy” rating given on Thursday, November 3 by Panmure Gordon. Cantor Fitzgerald maintained the shares of ZTF in a report on Tuesday, March 15 with “Buy” rating. The firm has “Buy” rating by Cantor Fitzgerald given on Friday, April 15. The stock has “Hold” rating given by Investec on Tuesday, August 4. Panmure Gordon maintained the shares of ZTF in a report on Friday, April 8 with “Buy” rating. On Thursday, January 14 the stock rating was maintained by Investec with “Hold”.
More important recent Zotefoams plc (LON:ZTF) news were published by: Fool.Co.Uk which released: “Are Rio Tinto plc, Zotefoams plc and Tyman plc about to experience colossal …” on May 18, 2016, also Fool.Co.Uk published article titled: “Should You Invest In Vodafone Group plc, ReNeuron Group Plc Or Zotefoams plc?”, Plasticsnews.com published: “Zotefoams launches T-Fit insulation products” on February 12, 2016. More interesting news about Zotefoams plc (LON:ZTF) was released by: Plasticsnews.com and their article: “Zotefoams expanding US production” with publication date: September 12, 2014.
Zotefoams plc is a United Kingdom-based cellular material technology company. The company has a market cap of 111.81 million GBP. The Firm is engaged in the manufacture and sale of cross-linked block foams. It has a 23.76 P/E ratio. The Company’s divisions include Polyolefins, High-Performance Products and MuCell Extrusion LLC (MEL).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.