Zinc Media Group (LON:ZIN) Trading Up 3.3% – Time to Buy?

Shares of Zinc Media Group plc (LON:ZIN) traded up 3.3% during trading on Friday . The company traded as high as GBX 53 ($0.67) and last traded at GBX 52.70 ($0.66). 31,253 shares traded hands during mid-day trading, an increase of 150% from the average session volume of 12,515 shares. The stock had previously closed at GBX 51 ($0.64).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed 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 is GBX 57.20 and its 200-day moving average is GBX 67.81. The firm has a market cap of £12.02 million, a price-to-earnings ratio of -376.43 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.

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.