Zinc Media Group (LON:ZIN) Sets New 52-Week Low at $65.00

Zinc Media Group plc (LON:ZIN)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 65 ($0.85) and last traded at GBX 65 ($0.85), with a volume of 5000 shares. The stock had previously closed at GBX 70 ($0.92).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “not rated” rating on shares of Zinc Media Group in a research note on Monday, July 8th.

Zinc Media Group Price Performance

The company has a debt-to-equity ratio of 66.93, a current ratio of 0.96 and a quick ratio of 1.09. The firm has a market capitalization of £15.16 million, a P/E ratio of -738.89 and a beta of -0.05. The business has a 50 day moving average price of GBX 71.15 and a 200 day moving average price of GBX 77.03.

Insider Buying and Selling

In related news, insider Mark Browning acquired 20,825 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was acquired at an average price of GBX 72 ($0.94) per share, with a total value of £14,994 ($19,607.69). 18.69% of the stock is currently owned by insiders.

Zinc Media Group Company Profile

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.