Zinc Media Group (LON:ZIN) Trading 8.4% Higher – What’s Next?

Zinc Media Group plc (LON:ZIN) traded up 8.4% on Thursday . The stock traded as high as GBX 50 and last traded at GBX 45. 119,772 shares changed hands during mid-day trading, an increase of 134% from the average session volume of 51,086 shares. The stock had previously closed at GBX 41.50.

Zinc Media Group Stock Up 8.4%

The firm has a market capitalization of £13.11 million, a price-to-earnings ratio of -4.34 and a beta of -0.05. The company has a current ratio of 0.78, a quick ratio of 1.09 and a debt-to-equity ratio of 343.77. The firm has a 50 day moving average price of GBX 41.35 and a two-hundred day moving average price of GBX 45.61.

Zinc Media Group (LON:ZIN) last released its quarterly earnings data on Thursday, April 16th. The company reported GBX (10.36) earnings per share for the quarter. The firm had revenue of GBX 4,146 million during the quarter. Zinc Media Group had a negative net margin of 6.17% and a negative return on equity of 114.84%. On average, equities analysts expect that Zinc Media Group plc will post 4.7099998 earnings per share for the current fiscal year.

Zinc Media Group Company Profile

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.