ZOO Digital Group (LON:ZOO) Shares Down 7.7% – Here’s Why

ZOO Digital Group plc (LON:ZOO) was down 7.7% during mid-day trading on Tuesday . The stock traded as low as GBX 13.50 and last traded at GBX 15. Approximately 1,126,603 shares were traded during mid-day trading, an increase of 118% from the average daily volume of 516,350 shares. The stock had previously closed at GBX 16.25.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 22 price objective on shares of ZOO Digital Group in a research note on Wednesday, November 19th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, ZOO Digital Group currently has a consensus rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Stock Performance

The stock has a market cap of £14.75 million, a price-to-earnings ratio of -2.21, a PEG ratio of 72.30 and a beta of 0.88. The company’s 50 day simple moving average is GBX 10.68 and its 200 day simple moving average is GBX 11.48. The company has a debt-to-equity ratio of 20.79, a quick ratio of 1.59 and a current ratio of 1.13.

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.