Zinc Media Group (LON:ZIN) Hits New 1-Year Low – Here’s What Happened

Zinc Media Group plc (LON:ZIN) reached a new 52-week low during mid-day trading on Thursday. The stock 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 Price Performance

The company has a debt-to-equity ratio of -4,671.43, a quick ratio of 1.09 and a current ratio of 0.77. The business has a 50-day simple moving average of GBX 48.18 and a 200 day simple moving average of GBX 48.83. The firm has a market cap of £11.61 million, a P/E ratio of -1.53 and a beta of -0.05.

Zinc Media Group (LON:ZIN) last issued 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%. On average, analysts anticipate 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.