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

Shares of Zinc Media Group plc (LON:ZIN) reached a new 52-week low on Friday . The company traded as low as GBX 40 and last traded at GBX 40.14, with a volume of 17500 shares changing hands. The stock had previously closed at GBX 40.14.

Zinc Media Group Stock Performance

The stock has a market capitalization of £10.11 million, a P/E ratio of -5.50 and a beta of -0.05. The company has a quick ratio of 1.09, a current ratio of 0.86 and a debt-to-equity ratio of 124.41. The company has a 50-day moving average price of GBX 44.43 and a two-hundred day moving average price of GBX 49.41.

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.