ZOO Digital Group (LON:ZOO) Shares Break Below Two Hundred Day Moving Average – Should You Sell?

ZOO Digital Group plc (LON:ZOO)’s share price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 12.60 and traded as low as GBX 12.50. ZOO Digital Group shares last traded at GBX 12.75, with a volume of 21,760 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 22 price objective on shares of ZOO Digital Group in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Price Performance

The stock has a 50-day moving average price of GBX 15.42 and a two-hundred day moving average price of GBX 12.60. The stock has a market cap of £12.54 million, a price-to-earnings ratio of -3.36, a PEG ratio of 72.30 and a beta of 1.03. The company has a current ratio of 0.97, a quick ratio of 1.59 and a debt-to-equity ratio of 29.42.

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.