ZOO Digital Group (LON:ZOO) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

ZOO Digital Group plc (LON:ZOO) passed below its 200-day moving average during trading on Friday . The stock has a 200-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.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 22 target price on shares of ZOO Digital Group in a research report on Wednesday, April 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, ZOO Digital Group has a consensus rating of “Buy” and a consensus target price of GBX 22.

ZOO Digital Group Stock Down 2.4%

The company has a quick ratio of 1.59, a current ratio of 1.00 and a debt-to-equity ratio of 22.50. The company has a fifty day moving average price of GBX 12.27 and a 200-day moving average price of GBX 11.61. The stock has a market capitalization of £9.83 million, a P/E ratio of -1.47, a PEG ratio of 72.30 and a beta of 1.11.

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.