MediaZest (LON:MDZ) Trading 18.2% Higher – Still a Buy?

Shares of MediaZest plc (LON:MDZ) rose 18.2% during mid-day trading on Friday . The company traded as high as GBX 0.13 and last traded at GBX 0.13. Approximately 57,443,379 shares were traded during trading, an increase of 338% from the average daily volume of 13,119,681 shares. The stock had previously closed at GBX 0.11.

MediaZest Trading Up 24.5%

The company has a quick ratio of 0.28, a current ratio of 0.23 and a debt-to-equity ratio of 229.88. The stock has a market cap of £2.32 million, a PE ratio of -137.00 and a beta of 0.89. The firm has a 50-day simple moving average of GBX 0.09 and a 200-day simple moving average of GBX 0.09.

MediaZest (LON:MDZ) last announced its quarterly earnings data on Friday, February 27th. The company reported GBX 0.01 earnings per share (EPS) for the quarter. MediaZest had a negative return on equity of 64.11% and a negative net margin of 17.69%.

Insider Transactions at MediaZest

In other news, insider James Abdool acquired 5,882,353 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were bought at an average cost of GBX 1 per share, with a total value of £58,823.53. 0.86% of the stock is currently owned by insiders.

About MediaZest

MediaZest is a creative audio-visual solutions provider that specialises in delivering innovative digital signage and audio systems to leading retailers, brand owners and corporations. The Group offers an integrated service from content creation and system design to installation, technical support, and maintenance. MediaZest was admitted to the London Stock Exchange’s AIM in February 2005.