Zinc Media Group (LON:ZIN) Trading 8.4% Higher – What’s Next?

Zinc Media Group plc (LON:ZIN)’s stock price traded up 8.4% during mid-day trading on Thursday . The company traded as high as GBX 50 and last traded at GBX 45. 119,772 shares were traded during mid-day trading, an increase of 134% from the average session volume of 51,086 shares. The stock had previously closed at GBX 41.50.

Zinc Media Group Trading Up 8.4%

The business has a 50 day simple moving average of GBX 41.35 and a 200-day simple moving average of GBX 45.61. The company has a current ratio of 0.78, a quick ratio of 1.09 and a debt-to-equity ratio of 343.77. The stock has a market capitalization of £13.11 million, a price-to-earnings ratio of -4.34 and a beta of -0.05.

Zinc Media Group (LON:ZIN) last released its quarterly earnings data on Thursday, April 16th. The company reported GBX (10.36) earnings per share for the quarter. The firm had revenue of GBX 4,146 million during the quarter. Zinc Media Group had a negative net margin of 6.17% and a negative return on equity of 114.84%. On average, equities analysts predict that Zinc Media Group plc will post 4.7099998 earnings per share for the current year.

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. 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.