Zinc Media Group (LON:ZIN) Announces Quarterly Earnings Results

Zinc Media Group (LON:ZIN) released its earnings results on Wednesday. The company reported GBX (35) (($0.46)) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

LON ZIN traded down GBX 1 ($0.01) during trading on Friday, reaching GBX 60 ($0.79). 2,500 shares of the company’s stock were exchanged, compared to its average volume of 1,170,000. The business has a 50 day moving average price of GBX 53.86 and a 200-day moving average price of GBX 13.67. The stock has a market capitalization of $4.85 million and a P/E ratio of -0.60. The company has a debt-to-equity ratio of 142.30, a current ratio of 1.15 and a quick ratio of 1.03. Zinc Media Group has a fifty-two week low of GBX 70 ($0.92) and a fifty-two week high of GBX 187.50 ($2.47).

In related news, insider Christopher Satterthwaite bought 33,333 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of GBX 90 ($1.18) per share, with a total value of £29,999.70 ($39,462.90).

Zinc Media Group Company Profile

Zinc Media Group plc, a multimedia company, produces television and radio programs in the United Kingdom and internationally. The company operates through three segments: TV, Publishing, and Digital. It operates television production activities under the Reef TV, Blakeway, Blakeway North, Brook Lapping, Films of Record, and Tern Television brand names.

Read More: Hold Rating

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