Zinc Media Group (LON:ZIN) Hits New 1-Year Low – Time to Sell?

Zinc Media Group plc (LON:ZINGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 40 and last traded at GBX 40, with a volume of 9340 shares. The stock had previously closed at GBX 43.

Zinc Media Group Trading Down 7.0%

The firm’s fifty day moving average is GBX 46.16 and its two-hundred day moving average is GBX 51.70. The company has a debt-to-equity ratio of 124.41, a current ratio of 0.86 and a quick ratio of 1.09. The firm has a market capitalization of £10.07 million, a PE ratio of -5.48 and a beta of -0.05.

About Zinc Media Group

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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.

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