ZOO Digital Group (LON:ZOO) Trading Up 9.8% – What’s Next?

Shares of ZOO Digital Group plc (LON:ZOO) shot up 9.8% during mid-day trading on Thursday . The stock traded as high as GBX 14.50 and last traded at GBX 14. 716,451 shares were traded during mid-day trading, an increase of 98% from the average daily volume of 362,558 shares. The stock had previously closed at GBX 12.75.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 22 target price on shares of ZOO Digital Group in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 22.

ZOO Digital Group Trading Up 9.8%

The stock has a 50 day simple moving average of GBX 10.93 and a 200-day simple moving average of GBX 11.82. The firm has a market capitalization of £13.76 million, a P/E ratio of -3.68, a P/E/G ratio of 72.30 and a beta of 0.98. The company has a current ratio of 0.97, a quick ratio of 1.59 and a debt-to-equity ratio of 29.42.

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.