Zinc Media Group (LON:ZIN) Issues Earnings Results

Zinc Media Group (LON:ZIN) announced its earnings results on Wednesday. The company reported GBX (12.39) EPS for the quarter, Digital Look Earnings reports. Zinc Media Group had a negative net margin of 6.17% and a negative return on equity of 114.84%.

Zinc Media Group Stock Down 10.6%

LON:ZIN traded down GBX 5.96 during trading hours on Wednesday, reaching GBX 50.54. 58,067 shares of the company traded hands, compared to its average volume of 35,087. The stock has a market capitalization of £15.09 million, a P/E ratio of -4.88 and a beta of -0.05. The company has a current ratio of 0.78, a quick ratio of 1.09 and a debt-to-equity ratio of 343.77. The business’s 50-day moving average price is GBX 56.27 and its two-hundred day moving average price is GBX 50.67. Zinc Media Group has a 1 year low of GBX 40 and a 1 year high of GBX 64.50.

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.