Zinc Media Group (LON:ZIN) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Zinc Media Group plc (LON:ZIN)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 63.06 ($0.81) and traded as low as GBX 60 ($0.77). Zinc Media Group shares last traded at GBX 62.33 ($0.80), with a volume of 41,098 shares trading hands.

Zinc Media Group Stock Up 1.3 %

The firm has a 50 day moving average price of GBX 63.06 and a two-hundred day moving average price of GBX 59.90. The company has a market capitalization of £15.17 million, a price-to-earnings ratio of -4.61 and a beta of -0.05. The company has a quick ratio of 1.09, a current ratio of 0.84 and a debt-to-equity ratio of 110.93.

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.