ZOO Digital Group (LON:ZOO) Share Price Breaks Above 50 Day Moving Average – Here’s Why

ZOO Digital Group plc (LON:ZOO) shares crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of GBX 14.36 and traded as high as GBX 16.50. ZOO Digital Group shares last traded at GBX 16.30, with a volume of 487,471 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 22 target price on shares of ZOO Digital Group in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus 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 29.42, a quick ratio of 1.59 and a current ratio of 0.97. The stock has a market cap of £14.99 million, a PE ratio of -4.01, a price-to-earnings-growth ratio of 72.30 and a beta of 1.03. The company’s 50 day simple moving average is GBX 14.49 and its 200 day simple moving average is GBX 12.49.

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.