What Next for Zotefoams plc Stock After Today’s Huge Decline?

 What Next for Zotefoams plc Stock After Today's Huge Decline?

The stock of Zotefoams plc (LON:ZTF) is a huge mover today! The stock increased 4.15% or GBX 9.75 on November 10, hitting GBX 244.75. About 68,450 shares traded hands or 252.73% up from the average. Zotefoams plc (LON:ZTF) has declined 15.26% since April 13, 2016 and is downtrending. It has underperformed by 20.91% the S&P500.
The move comes after 6 months negative chart setup for the GBX 111.41 million company. It was reported on Nov, 10 by Barchart.com. We have GBX 217.83 PT which if reached, will make LON:ZTF worth GBX 12.26 million less.

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. The firm earned “Buy” rating on Thursday, November 3 by Panmure Gordon. On Monday, November 2 the stock rating was maintained by Investec with “Hold”. Investec maintained Zotefoams plc (LON:ZTF) on Tuesday, August 4 with “Hold” rating. Cantor Fitzgerald maintained Zotefoams plc (LON:ZTF) rating on Friday, April 15. Cantor Fitzgerald has “Buy” rating and GBX 345 price target. Cantor Fitzgerald maintained the shares of ZTF in a report on Tuesday, March 15 with “Buy” rating. Investec maintained the shares of ZTF in a report on Thursday, January 14 with “Hold” rating. On Tuesday, March 15 the stock rating was maintained by Investec with “Hold”. Investec maintained it with “Hold” rating and GBX 320 target price in Thursday, February 11 report. As per Friday, April 8, the company rating was maintained by Panmure Gordon. The stock of Zotefoams plc (LON:ZTF) earned “Hold” rating by Investec on Thursday, October 8.

Another recent and important Zotefoams plc (LON:ZTF) news was published by Fool.Co.Uk which published an article titled: “Are Rio Tinto plc, Zotefoams plc and Tyman plc about to experience colossal …” on May 18, 2016.

Zotefoams plc is a United Kingdom-based cellular material technology company. The company has a market cap of 111.41 million GBP. The Firm is engaged in the manufacture and sale of cross-linked block foams. It has a 23.1 P/E ratio. The Company’s divisions include Polyolefins, High-Performance Products and MuCell Extrusion LLC (MEL).

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