Shares of ZoomerMedia Ltd (CVE:ZUM) dropped 9.1% during trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05, approximately 84,000 shares traded hands during trading. A decline of 55% from the average daily volume of 187,487 shares. The stock had previously closed at C$0.06.

The company has a quick ratio of 1.93, a current ratio of 1.99 and a debt-to-equity ratio of 57.68. The company has a market capitalization of $39.13 million and a PE ratio of 10.00. The business’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

About ZoomerMedia (CVE:ZUM)

ZoomerMedia Limited operates as a multimedia company in Canada. The company operates through five segments: Television, Radio, Print, Royalty, and Other. It is involved in the business of television, radio, magazine, Internet, conferences, and trade shows primarily for the 45 plus age group. The company's television properties include Vision TV, a multi-faith specialty television service; ONE: Get Fit, which offers programs on exercise, meditation, yoga, natural health, and living a planet-friendly lifestyle; JoyTV that provides comedy and drama, and inspirational multi-faith programming for spiritual and cultural audience; and Faith TV, a channel for broadcasting Christian and local programming.

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