ZOO Digital Group (LON:ZOO) Shares Pass Below 200-Day Moving Average – Time to Sell?

ZOO Digital Group plc (LON:ZOO) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 11.70 and traded as low as GBX 11. ZOO Digital Group shares last traded at GBX 11.18, with a volume of 97,364 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 22 price target on shares of ZOO Digital Group in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, ZOO Digital Group presently has a consensus rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Trading Down 0.2%

The stock has a market capitalization of £10.84 million, a price-to-earnings ratio of -1.62, a P/E/G ratio of 72.30 and a beta of 0.98. The company has a debt-to-equity ratio of 22.50, a quick ratio of 1.59 and a current ratio of 1.00. The firm has a fifty day moving average of GBX 11.03 and a 200-day moving average of GBX 11.71.

ZOO Digital Group Company Profile

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.