Zinc Media Group (LON:ZIN) Reaches New 12-Month Low – Here’s Why

Zinc Media Group plc (LON:ZIN) reached a new 52-week low on Wednesday. The stock traded as low as GBX 30 and last traded at GBX 30.26, with a volume of 10,952 shares. The stock had previously closed at GBX 31.

Zinc Media Group Stock Performance

The firm has a 50 day moving average of GBX 47.14 and a two-hundred day moving average of GBX 48.66. The stock has a market cap of £11.16 million, a P/E ratio of -1.47 and a beta of -0.05. 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.

Zinc Media Group (LON:ZIN) last posted 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 net margin of 16.82% and a negative return on equity of 996.83%. On average, research analysts predict that Zinc Media Group plc will post 4.71 EPS 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.