ZOO Digital Group (LON:ZOO) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

ZOO Digital Group plc (LON:ZOO) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 11.74 and traded as low as GBX 11. ZOO Digital Group shares last traded at GBX 11, with a volume of 672,221 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated 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, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 22.

ZOO Digital Group Stock Performance

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 stock has a market cap of £11.31 million, a P/E ratio of -1.69, a P/E/G ratio of 72.30 and a beta of 0.98. The business’s 50-day moving average price is GBX 10.85 and its 200-day moving average price is GBX 11.74.

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.