Zinc Media Group (LON:ZIN) Sets New 52-Week Low – Time to Sell?

Posted by Donna Armstrong on Oct 31st, 2024

Zinc Media Group plc (LON:ZIN – Get Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as GBX 60 ($0.78) and last traded at GBX 60 ($0.78), with a volume of 447 shares. The stock had previously closed at GBX 61 ($0.79).

Wall Street Analyst Weigh In

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

View Our Latest Research Report on ZIN

Zinc Media Group Trading Up 6.5 %

The firm has a market capitalization of £14.57 million, a price-to-earnings ratio of -456.43 and a beta of -0.05. The business’s fifty day moving average is GBX 65.82 and its 200 day moving average is GBX 73.57. The company has a quick ratio of 1.09, a current ratio of 0.84 and a debt-to-equity ratio of 110.90.

Insider Activity

In related news, insider Mark Browning bought 20,825 shares of Zinc Media Group stock in a transaction that occurred on Wednesday, August 7th. The stock was acquired at an average price of GBX 72 ($0.93) per share, with a total value of £14,994 ($19,444.95). 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.