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The latest announcement is out from Zinc Media ( (GB:ZIN) ).
Zinc Media Group plc has announced the issuance of 441,273 new ordinary shares following the exercise of options by CEO Mark Browning and Will Sawyer under share option plans. This move increases the total number of shares to 25,185,656, impacting shareholders’ calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:ZIN) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Zinc Media stock, see the GB:ZIN Stock Forecast page.
Spark’s Take on GB:ZIN Stock
According to Spark, TipRanks’ AI Analyst, GB:ZIN is a Neutral.
Zinc Media’s overall stock score is primarily influenced by its financial challenges, including profitability issues and high leverage. However, positive corporate events, such as strategic initiatives and successful content launches, provide a boost to its potential for future growth. Technical indicators suggest a bearish trend, and valuation metrics highlight ongoing financial difficulties.
To see Spark’s full report on GB:ZIN stock, click here.
More about Zinc Media
Zinc Media Group plc is a premium television and content creation group known for its award-winning and critically acclaimed television labels such as Atomic, Brook Lapping, and others. The company produces a wide range of factual programs for UK and international broadcasters and has a distribution arm, Zinc Distribution, connecting content to buyers and platforms. Additionally, Zinc Media Group includes The Edge Picture Company, a major brand film-making company, and Zinc Audio, specializing in podcasts and radio production.
Average Trading Volume: 16,387
Technical Sentiment Signal: Sell
Current Market Cap: £12.62M
See more data about ZIN stock on TipRanks’ Stock Analysis page.