MediaZest (LON:MDZ) Trading 18.2% Higher – Here’s Why

MediaZest plc (LON:MDZ) shares shot up 18.2% during trading on Friday . The stock traded as high as GBX 0.13 and last traded at GBX 0.13. 57,443,379 shares traded hands during mid-day trading, an increase of 338% from the average session volume of 13,119,681 shares. The stock had previously closed at GBX 0.11.

MediaZest Price Performance

The firm has a 50-day simple moving average of GBX 0.09 and a 200-day simple moving average of GBX 0.09. The firm has a market capitalization of £2.00 million, a PE ratio of -118.00 and a beta of 0.89. The company has a debt-to-equity ratio of 229.88, a current ratio of 0.23 and a quick ratio of 0.28.

MediaZest (LON:MDZ) last issued its quarterly earnings data on Friday, February 27th. The company reported GBX 0.01 earnings per share for the quarter. MediaZest had a negative net margin of 17.69% and a negative return on equity of 64.11%.

Insider Activity at MediaZest

In related news, insider James Abdool bought 5,882,353 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were bought at an average cost of GBX 1 per share, with a total value of £58,823.53. 0.86% of the stock is owned by company insiders.

About MediaZest

MediaZest is a creative audio-visual solutions provider that specialises in delivering innovative digital signage and audio systems to leading retailers, brand owners and corporations. The Group offers an integrated service from content creation and system design to installation, technical support, and maintenance. MediaZest was admitted to the London Stock Exchange’s AIM in February 2005.