ZOO Digital Group (LON:ZOO) Stock Passes Above 50-Day Moving Average – Here’s What Happened

ZOO Digital Group plc (LON:ZOO) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 10.37 and traded as high as GBX 10.50. ZOO Digital Group shares last traded at GBX 9.83, with a volume of 33,078 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 22 price objective on shares of ZOO Digital Group in a report on Wednesday, November 19th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, ZOO Digital Group presently has a consensus rating of “Buy” and an average price target of GBX 22.

ZOO Digital Group Stock Up 2.0%

The stock has a market capitalization of £10.03 million, a P/E ratio of -1.50, a price-to-earnings-growth ratio of 72.30 and a beta of 0.88. The company has a debt-to-equity ratio of 20.79, a current ratio of 1.13 and a quick ratio of 1.59. The stock has a fifty day moving average price of GBX 10.37 and a 200 day moving average price of GBX 12.35.

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.