Zinc Media Group (LON:ZIN) Stock Falls 0.6% – Here’s What Happened

Zinc Media Group plc (LON:ZIN) was down 0.6% during trading on Wednesday. The stock traded as low as GBX 45 and last traded at GBX 47.19. Approximately 31,946 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 33,556 shares. The stock had previously closed at GBX 47.50.

Zinc Media Group Trading Down 0.6%

The company has a current ratio of 0.77, a quick ratio of 1.09 and a debt-to-equity ratio of -4,671.43. The business’s 50-day moving average is GBX 53.89 and its two-hundred day moving average is GBX 51.56. The firm has a market cap of £14.10 million, a P/E ratio of -2.29 and a beta of -0.05.

Zinc Media Group (LON:ZIN) last released its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (12.39) earnings per share for the quarter. Zinc Media Group had a negative return on equity of 996.83% and a negative net margin of 16.82%. As a group, analysts expect that Zinc Media Group plc will post 4.71 earnings per share for the current fiscal year.

About Zinc Media Group

Zinc Media Group plc, together with its subsidiaries, produces television and cross-platform content in the United Kingdom and internationally. It operates in two segments, Television and Content Production. The Television segment engages in the production of television content under the Blakeway, Brook Lapping, Films of Record, Red Sauce, Supercollider, REX, and Tern names. The Content Production segment is involved in film production, radio and podcast production and publishing. The company was formerly known as Ten Alps plc and changed its name to Zinc Media Group plc in November 2016.