ZOO Digital Group (LON:ZOO) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of ZOO Digital Group plc (LON:ZOO) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 11.70 and traded as low as GBX 11. ZOO Digital Group shares last traded at GBX 11.18, with a volume of 97,364 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 22 target price on shares of ZOO Digital Group in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 22.

ZOO Digital Group Stock Performance

The firm has a market capitalization of £10.99 million, a P/E ratio of -1.64, a price-to-earnings-growth ratio of 72.30 and a beta of 0.98. The company has a current ratio of 1.00, a quick ratio of 1.59 and a debt-to-equity ratio of 22.50. The business’s 50 day simple moving average is GBX 11.08 and its two-hundred day simple moving average is GBX 11.70.

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.