Zinc Media Group (LON:ZIN) Hits New 12-Month Low – What’s Next?

Posted by Latisha Jones on Oct 24th, 2024

Zinc Media Group plc (LON:ZIN – Get Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 60.50 ($0.79) and last traded at GBX 60.52 ($0.79), with a volume of 46137 shares traded. The stock had previously closed at GBX 61.50 ($0.80).

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on Zinc Media Group

Zinc Media Group Price Performance

The company has a debt-to-equity ratio of 110.90, a current ratio of 0.84 and a quick ratio of 1.09. The company has a market capitalization of £14.14 million, a P/E ratio of -442.86 and a beta of -0.05. The firm’s 50-day moving average is GBX 66.71 and its 200-day moving average is GBX 74.13.

Insider Buying and Selling at Zinc Media Group

In other Zinc Media Group news, insider Mark Browning acquired 20,825 shares of the company’s stock in a transaction dated Wednesday, August 7th. The shares were acquired at an average cost of GBX 72 ($0.93) per share, with a total value of £14,994 ($19,467.67). Company insiders own 18.67% of the company’s stock.

Zinc Media Group Company Profile

(Get Free Report)

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.