Zinc Media Group (LON:ZIN) Stock Price Down 3.3% – Here’s Why

Zinc Media Group plc (LON:ZINGet Free Report) shares traded down 3.3% on Friday . The stock traded as low as GBX 55.60 and last traded at GBX 55.60. Approximately 1,740 shares were traded during trading, a decline of 96% from the average daily volume of 41,623 shares. The stock had previously closed at GBX 57.50.

Zinc Media Group Price Performance

The company has a quick ratio of 1.09, a current ratio of 0.78 and a debt-to-equity ratio of 343.77. The stock has a market capitalization of £16.61 million, a price-to-earnings ratio of -5.37 and a beta of -0.05. The business’s 50 day simple moving average is GBX 55.38 and its 200-day simple moving average is GBX 47.81.

About Zinc Media Group

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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.

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