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

Shares of Zinc Media Group plc (LON:ZIN) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 56 ($0.70) and last traded at GBX 56 ($0.70), with a volume of 19191 shares. The stock had previously closed at GBX 61 ($0.76).

Analysts Set New Price Targets

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 current ratio of 0.84, a quick ratio of 1.09 and a debt-to-equity ratio of 110.90. The company has a 50 day simple moving average of GBX 62.77 and a 200 day simple moving average of GBX 71.40. The stock has a market cap of £13.00 million, a P/E ratio of -407.14 and a beta of -0.05.

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.