Zinc Media Group (LON:ZIN) Shares Down 0.6% – Should You Sell?

Zinc Media Group plc (LON:ZIN)’s stock price traded down 0.6% during trading on Wednesday. The company traded as low as GBX 45 and last traded at GBX 47.19. Approximately 31,946 shares were traded during trading, a decline of 5% from the average daily volume of 33,556 shares. The stock had previously closed at GBX 47.50.

Zinc Media Group Trading Down 0.6%

The company has a market cap of £14.10 million, a price-to-earnings ratio of -2.29 and a beta of -0.05. The firm has a 50-day moving average price of GBX 53.89 and a 200 day moving average price of GBX 51.56. The company has a current ratio of 0.77, a quick ratio of 1.09 and a debt-to-equity ratio of -4,671.43.

Zinc Media Group (LON:ZIN) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (12.39) earnings per share for the quarter. Zinc Media Group had a negative net margin of 16.82% and a negative return on equity of 996.83%. As a group, sell-side analysts forecast that Zinc Media Group plc will post 4.71 EPS 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.