Zinc Media Group (LON:ZIN) Share Price Passes Below 50 Day Moving Average – What’s Next?

Shares of Zinc Media Group plc (LON:ZINGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 56.57 and traded as low as GBX 56.05. Zinc Media Group shares last traded at GBX 56.05, with a volume of 876 shares.

Zinc Media Group Stock Down 0.8%

The company has a market cap of £16.74 million, a PE ratio of -5.41 and a beta of -0.05. The stock’s 50 day moving average price is GBX 56.57 and its 200-day moving average price is GBX 48.08. The company has a debt-to-equity ratio of 343.77, a quick ratio of 1.09 and a current ratio of 0.78.

Zinc Media Group Company Profile

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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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