ZOO Digital Group (LON:ZOO) Stock Price Up 9.8% – Time to Buy?

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

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 22 price target on shares of ZOO Digital Group in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Price Performance

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

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.