Zinc Media Group (LON:ZIN) Stock Price Down 1.2% – Should You Sell?

Zinc Media Group plc (LON:ZIN)’s stock price was down 1.2% during mid-day trading on Thursday . The company traded as low as GBX 55 and last traded at GBX 55.82. Approximately 7,455 shares changed hands during trading, a decline of 85% from the average daily volume of 49,157 shares. The stock had previously closed at GBX 56.50.

Zinc Media Group Trading Down 1.2%

The business has a fifty day moving average of GBX 45.37 and a 200-day moving average of GBX 45.96. The stock has a market capitalization of £16.27 million, a price-to-earnings ratio of -5.39 and a beta of -0.05. The company has a debt-to-equity ratio of 343.77, a current ratio of 0.78 and a quick ratio of 1.09.

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