Zinc Media Group (LON:ZIN) Shares Pass Below 50-Day Moving Average – Here’s What Happened
by Sarita Garza · The Markets DailyZinc Media Group plc (LON:ZIN – Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 57.23 and traded as low as GBX 55. Zinc Media Group shares last traded at GBX 55, with a volume of 17,640 shares traded.
Zinc Media Group Trading Down 2.3%
The company’s 50 day moving average price is GBX 57.20 and its 200 day moving average price is GBX 48.49. The company has a debt-to-equity ratio of 343.77, a current ratio of 0.78 and a quick ratio of 1.09. The firm has a market cap of £16.77 million, a PE ratio of -5.42 and a beta of -0.05.
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. 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.