Zinc Media Group (LON:ZIN) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Shares of Zinc Media Group plc (LON:ZINGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 63.06 ($0.81) and traded as low as GBX 60 ($0.77). Zinc Media Group shares last traded at GBX 62.33 ($0.80), with a volume of 41,098 shares trading hands.

Zinc Media Group Price Performance

The company’s fifty day moving average is GBX 63.06 and its two-hundred day moving average is GBX 59.95. The company has a debt-to-equity ratio of 110.93, a quick ratio of 1.09 and a current ratio of 0.84. The firm has a market cap of £15.17 million, a price-to-earnings ratio of -4.61 and a beta of -0.05.

About Zinc Media Group

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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.

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