Zinc Media Group (LON:ZIN) Hits New 52-Week Low – Time to Sell?

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

Zinc Media Group Stock Performance

The company has a debt-to-equity ratio of -4,671.43, a current ratio of 0.77 and a quick ratio of 1.09. The firm has a fifty day moving average price of GBX 46.09 and a two-hundred day moving average price of GBX 48.48. The stock has a market capitalization of £11.16 million, a PE ratio of -1.47 and a beta of -0.05.

Zinc Media Group (LON:ZIN) last posted its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (12.39) earnings per share (EPS) for the quarter. Zinc Media Group had a negative net margin of 16.82% and a negative return on equity of 996.83%. Research analysts expect that Zinc Media Group plc will post 4.71 EPS for the current year.

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.