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

ZOO Digital Group plc (LON:ZOO) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 11.61 and traded as low as GBX 10. ZOO Digital Group shares last traded at GBX 10, with a volume of 140,152 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 22 target price on shares of ZOO Digital Group in a report on Wednesday, April 29th. One equities research 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 target price of GBX 22.

ZOO Digital Group Price Performance

The stock has a market cap of £9.83 million, a P/E ratio of -1.47, a P/E/G ratio of 72.30 and a beta of 1.11. The company’s 50 day moving average price is GBX 12.27 and its 200-day moving average price is GBX 11.61. The company has a quick ratio of 1.59, a current ratio of 1.00 and a debt-to-equity ratio of 22.50.

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.