Zotefoams (ZTF) Reaches New 52-Week High at $598.00

Zotefoams plc (LON:ZTF) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 598 ($7.81) and last traded at GBX 594 ($7.76), with a volume of 36070 shares traded. The stock had previously closed at GBX 566 ($7.40).

A number of research analysts recently issued reports on the company. Peel Hunt restated a “hold” rating on shares of Zotefoams in a research note on Thursday, November 1st. Canaccord Genuity restated a “buy” rating and set a GBX 620 ($8.10) price target on shares of Zotefoams in a research note on Thursday, August 9th.

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Zotefoams Company Profile (LON:ZTF)

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; 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.

Read More: How are Outstanding Shares Different from Authorized Shares?

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