Zinc Media Group (LON:ZIN) Hits New 52-Week Low – Here’s Why

Zinc Media Group plc (LON:ZIN) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 42.21 and last traded at GBX 43, with a volume of 3000 shares changing hands. The stock had previously closed at GBX 44.50.

Zinc Media Group Price Performance

The company has a market cap of £10.58 million, a price-to-earnings ratio of -5.75 and a beta of -0.05. The company has a current ratio of 0.86, a quick ratio of 1.09 and a debt-to-equity ratio of 124.41. The business has a 50-day moving average price of GBX 46.37 and a 200 day moving average price of GBX 52.28.

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.