Zinc Media Group (LON:ZIN) Share Price Crosses Above 50-Day Moving Average – Should You Sell?
by Teresa Graham · The Cerbat GemShares of Zinc Media Group plc (LON:ZIN – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 47.16 and traded as high as GBX 55.80. Zinc Media Group shares last traded at GBX 55.80, with a volume of 27,886 shares traded.
Zinc Media Group Stock Down 1.2%
The firm has a market cap of £16.26 million, a P/E ratio of -5.39 and a beta of -0.05. The company has a current ratio of 0.78, a quick ratio of 1.09 and a debt-to-equity ratio of 343.77. The business has a 50-day moving average price of GBX 47.16 and a 200-day moving average price of GBX 46.26.
Zinc Media Group (LON:ZIN – Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The company reported GBX (10.36) earnings per share for the quarter. Zinc Media Group had a negative net margin of 6.17% and a negative return on equity of 114.84%. The firm had revenue of GBX 4,146 million during the quarter. On average, equities analysts forecast that Zinc Media Group plc will post 4.7099998 EPS for the current fiscal year.
About Zinc Media Group
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. The Content Production segment is involved in film production, radio and podcast production and publishing. The company was formerly known as Ten Alps plc and changed its name to Zinc Media Group plc in November 2016.