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

Zinc Media Group plc (LON:ZIN)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 40 and last traded at GBX 42, with a volume of 1917 shares traded. The stock had previously closed at GBX 41.

Zinc Media Group Stock Performance

The company has a current ratio of 0.86, a quick ratio of 1.09 and a debt-to-equity ratio of 124.41. The company’s 50 day moving average is GBX 43.16 and its 200-day moving average is GBX 47.96. The company has a market capitalization of £10.07 million, a P/E ratio of -5.48 and a beta of -0.05.

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.