ZOO Digital Group (LON:ZOO) Stock Crosses Below 200-Day Moving Average – Here’s Why

ZOO Digital Group plc (LON:ZOO)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 11.64 and traded as low as GBX 10.50. ZOO Digital Group shares last traded at GBX 10.50, with a volume of 541,073 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 22 target price on shares of ZOO Digital Group in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, ZOO Digital Group has an average rating of “Buy” and an average price target of GBX 22.

ZOO Digital Group Price Performance

The company has a quick ratio of 1.59, a current ratio of 1.00 and a debt-to-equity ratio of 22.50. The firm has a market capitalization of £10.81 million, a PE ratio of -1.62, a PEG ratio of 72.30 and a beta of 1.11. The firm’s fifty day simple moving average is GBX 12.76 and its 200-day simple moving average is GBX 11.64.

About ZOO Digital Group

ZOO Digital is a provider of services allowing TV and movie content to be subtitled and dubbed in any language and prepared for sale with all major online retailers. ZOO’s clients are some of the best-known brands in the world including major Hollywood studios, global broadcasters and digital distributors.