Zinc Media Group (LON:ZIN) Hits New 1-Year Low – Here’s What Happened

Posted by Alanna Baker on Oct 22nd, 2024

Shares of Zinc Media Group plc (LON:ZIN – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 60.50 ($0.79) and last traded at GBX 60.52 ($0.79), with a volume of 46137 shares. The stock had previously closed at GBX 61.50 ($0.80).

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on Zinc Media Group

Zinc Media Group Price Performance

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 stock’s 50-day simple moving average is GBX 66.98 and its two-hundred day simple moving average is GBX 74.35.

Insider Buying and Selling

In other news, insider Mark Browning acquired 20,825 shares of the stock in a transaction that occurred on Wednesday, August 7th. The shares were bought at an average cost 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.