Zinc Media Group (LON:ZIN) Hits New 52-Week Low – Here’s Why

Zinc Media Group plc (LON:ZIN) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 40 and last traded at GBX 42, with a volume of 4085 shares traded. The stock had previously closed at GBX 41.

Zinc Media Group Price Performance

The company has a 50 day moving average of GBX 42.74 and a 200-day moving average of GBX 47.32. The stock has a market capitalization of £10.80 million, a P/E ratio of -5.88 and a beta of -0.05. The company has a quick ratio of 1.09, a current ratio of 0.86 and a debt-to-equity ratio of 124.41.

Zinc Media Group (LON:ZIN) last announced its quarterly earnings data on Thursday, April 16th. The company reported GBX (10.36) earnings per share (EPS) for the quarter. Zinc Media Group had a negative return on equity of 42.80% and a negative net margin of 3.51%.The firm had revenue of GBX 4,146 million for the quarter. Sell-side analysts predict that Zinc Media Group plc will post 4.7099998 EPS for the current year.

Zinc Media Group Company Profile

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.