Zinc Media Group (LON:ZIN) Hits New 52-Week Low at $65.00

Zinc Media Group plc (LON:ZIN) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 65 ($0.85) and last traded at GBX 65 ($0.85), with a volume of 11066 shares changing hands. The stock had previously closed at GBX 67.70 ($0.89).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “not rated” rating on shares of Zinc Media Group in a research report on Monday, July 8th.

Zinc Media Group Stock Down 4.0 %

The company has a quick ratio of 1.09, a current ratio of 0.96 and a debt-to-equity ratio of 66.93. The stock has a 50-day simple moving average of GBX 70.55 and a two-hundred day simple moving average of GBX 76.84. The firm has a market cap of £14.82 million, a PE ratio of -728.89 and a beta of -0.05.

Insider Buying and Selling

In other Zinc Media Group news, insider Mark Browning purchased 20,825 shares of Zinc Media Group stock in a transaction on Wednesday, August 7th. The shares were acquired at an average cost of GBX 72 ($0.94) per share, for a total transaction of £14,994 ($19,607.69). 18.69% of the stock is currently owned by corporate insiders.

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.