Zinc Media Group (LON:ZIN) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of Zinc Media Group plc (LON:ZIN) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 47.16 and traded as high as GBX 55.80. Zinc Media Group shares last traded at GBX 55.80, with a volume of 27,886 shares.

Zinc Media Group Price Performance

The company has a debt-to-equity ratio of 343.77, a quick ratio of 1.09 and a current ratio of 0.78. The company has a market capitalization of £16.26 million, a P/E ratio of -5.39 and a beta of -0.05. The firm’s fifty day moving average is GBX 47.16 and its 200 day moving average is GBX 46.26.

Zinc Media Group (LON:ZIN) last announced its earnings results on Thursday, April 16th. The company reported GBX (10.36) earnings per share (EPS) for the quarter. The business had revenue of GBX 4,146 million for the quarter. Zinc Media Group had a negative net margin of 6.17% and a negative return on equity of 114.84%. As a group, analysts predict 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.