Zinc Media Group (LON:ZIN) Reaches New 1-Year Low – Here’s Why

Shares of Zinc Media Group plc (LON:ZIN) hit a new 52-week low during trading on Thursday. The company traded as low as GBX 30 and last traded at GBX 30.26, with a volume of 182,925 shares. The stock had previously closed at GBX 31.

Zinc Media Group Trading Down 2.4%

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 simple moving average is GBX 49.18 and its two-hundred day simple moving average is GBX 49. The company has a market capitalization of £9.04 million, a PE ratio of -1.47 and a beta of -0.05.

Zinc Media Group (LON:ZIN) last announced its earnings results on Wednesday, September 23rd. The company reported GBX (12.39) earnings per share for the quarter. Zinc Media Group had a negative net margin of 16.82% and a negative return on equity of 996.83%. On average, analysts predict that Zinc Media Group plc will post 4.71 earnings per share for the current 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.