Zinc Media Group (LON:ZIN) Sets New 52-Week Low – Here’s Why

Posted by Trent Williams on Oct 22nd, 2024

Zinc Media Group plc (LON:ZIN – Get Free Report)’s stock price hit 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 Analysts Forecast Growth

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

Get Our Latest Report on Zinc Media Group

Zinc Media Group Stock Down 1.6 %

The company has a quick ratio of 1.09, a current ratio of 0.84 and a debt-to-equity ratio of 110.90. The company has a market capitalization of £13.80 million, a price-to-earnings ratio of -432.29 and a beta of -0.05. The business’s 50-day moving average is GBX 66.98 and its 200-day moving average is GBX 74.35.

Insider Activity

In related news, insider Mark Browning acquired 20,825 shares of the stock in a transaction on Wednesday, August 7th. The shares were acquired at an average price of GBX 72 ($0.93) per share, for a total transaction of £14,994 ($19,467.67). Insiders own 18.67% of the company’s stock.

About Zinc Media Group

(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.