ZoomerMedia (CVE:ZUM) Shares Cross Below 50 Day Moving Average – What’s Next?

ZoomerMedia Limited (CVE:ZUMGet Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.08 and traded as low as C$0.07. ZoomerMedia shares last traded at C$0.07, with a volume of 6,500 shares trading hands.

ZoomerMedia Price Performance

The business has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.07. The company has a current ratio of 0.93, a quick ratio of 2.78 and a debt-to-equity ratio of 85.29. The firm has a market cap of C$21.57 million, a PE ratio of 4.50 and a beta of 0.95.

About ZoomerMedia

(Get Free Report)

ZoomerMedia Limited operates as a multimedia company in Canada. The company operates through five segments: Television, Radio, Print, Royalty, and Other Operations. It is involved in the business of television, radio, magazine, Internet, conferences, trade shows, and digital platform. The company’s television properties include Vision TV, a multi-cultural, multi-faith, and family friendly specialty television service; ONE TV, which offers fitness, healthy living, and entertainment programs; JoyTV and Faith TV channels for broadcasting Christian and local programming; and TVL Channel 5, a linear television channel guide available to households.

Further Reading

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