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

Zinc Media Group plc (LON:ZIN) shares reached a new 52-week low on Friday . The stock traded as low as GBX 56 ($0.71) and last traded at GBX 56 ($0.71), with a volume of 19191 shares. The stock had previously closed at GBX 61 ($0.77).

Analysts Set New Price Targets

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

Zinc Media Group Price Performance

The company’s 50-day moving average price is GBX 62.98 and its two-hundred day moving average price is GBX 71.54. The company has a market cap of £12.77 million, a P/E ratio of -400.00 and a beta of -0.05. The company has a current ratio of 0.84, a quick ratio of 1.09 and a debt-to-equity ratio of 110.90.

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.