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

Zinc Media Group plc (LON:ZIN) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 49 ($0.62) and last traded at GBX 50 ($0.63), with a volume of 28400 shares traded. The stock had previously closed at GBX 54.50 ($0.69).

Analysts Set New Price Targets

Separately, Shore Capital restated a “not rated” rating on shares of Zinc Media Group in a research report on Tuesday, September 17th.

Zinc Media Group Stock Performance

The company has a debt-to-equity ratio of 110.90, a quick ratio of 1.09 and a current ratio of 0.84. The stock has a market cap of £11.40 million, a PE ratio of -357.14 and a beta of -0.05. The company’s 50-day moving average price is GBX 62.03 and its two-hundred day moving average price is GBX 70.98.

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.