Zinc Media Group (LON:ZIN) Reaches New 52-Week Low – What’s Next?

Zinc Media Group plc (LON:ZIN) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 40 and last traded at GBX 40, with a volume of 876 shares changing hands. The stock had previously closed at GBX 41.

Zinc Media Group Trading Down 2.4%

The stock has a market cap of £10.07 million, a price-to-earnings ratio of -5.48 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. The business’s 50 day simple moving average is GBX 44 and its 200 day simple moving average is GBX 48.87.

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.