ZoomerMedia (CVE:ZUM) Reaches New 12-Month High – Time to Buy?

ZoomerMedia Limited (CVE:ZUM) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 10575 shares. The stock had previously closed at C$0.08.

ZoomerMedia Stock Performance

The firm has a market capitalization of C$23.01 million, a P/E ratio of 4.50 and a beta of 0.95. The company’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.04. The company has a quick ratio of 2.78, a current ratio of 0.93 and a debt-to-equity ratio of 85.29.

ZoomerMedia Company Profile

ZoomerMedia Limited operates as a multimedia company in Canada. The company operates through five segments: Television, Radio, Print, Royalty, and Other Operations. It is involved in the business of television, radio, magazine, Internet, conferences, trade shows, and digital platform. The company’s television properties include Vision TV, a multi-cultural, multi-faith, and family friendly specialty television service; ONE TV, which offers fitness, healthy living, and entertainment programs; JoyTV and Faith TV channels for broadcasting Christian and local programming; and TVL Channel 5, a linear television channel guide available to households.