ZOO Digital Group (LON:ZOO) Shares Up 11.5% – Here’s Why

ZOO Digital Group plc (LON:ZOO)’s share price was up 11.5% during mid-day trading on Friday. The company traded as high as GBX 14.50 and last traded at GBX 14.22. 212,172 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 333,565 shares. The stock had previously closed at GBX 12.75.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 22 price objective on shares of ZOO Digital Group in a report on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat, ZOO Digital Group has a consensus rating of “Buy” and a consensus target price of GBX 22.

ZOO Digital Group Price Performance

The stock has a market capitalization of £13.27 million, a PE ratio of -3.55, a PEG ratio of 72.30 and a beta of 1.03. The company has a quick ratio of 1.59, a current ratio of 0.97 and a debt-to-equity ratio of 29.42. The firm’s fifty day moving average price is GBX 15.13 and its two-hundred day moving average price is GBX 12.63.

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.