Zinc Media Group (LON:ZIN) Stock Price Up 3.3% – Here’s Why

Zinc Media Group plc (LON:ZIN) shares traded up 3.3% on Friday . The company traded as high as GBX 53 ($0.67) and last traded at GBX 52.70 ($0.66). 31,253 shares were traded during trading, an increase of 150% from the average session volume of 12,515 shares. The stock had previously closed at GBX 51 ($0.64).

Wall Street Analyst Weigh In

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

Zinc Media Group Price Performance

The company has a debt-to-equity ratio of 110.90, a current ratio of 0.84 and a quick ratio of 1.09. The company has a market capitalization of £12.02 million, a PE ratio of -376.43 and a beta of -0.05. The stock’s 50 day simple moving average is GBX 56.95 and its 200-day simple moving average is GBX 67.60.

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.