Zinc Media Group (LON:ZIN) Reaches New 1-Year Low – Here’s Why

Zinc Media Group plc (LON:ZIN) shares hit a new 52-week low on Thursday. The company traded as low as GBX 30 and last traded at GBX 30.26, with a volume of 182,925 shares trading hands. The stock had previously closed at GBX 31.

Zinc Media Group Trading Down 2.4%

The firm has a market capitalization of £9.04 million, a price-to-earnings 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. The business has a fifty day moving average price of GBX 49.18 and a 200 day moving average price of GBX 49.

Zinc Media Group (LON:ZIN) last released 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 return on equity of 996.83% and a negative net margin of 16.82%. As a group, equities analysts forecast that Zinc Media Group plc will post 4.71 earnings per share for the current 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.