ZOO Digital Group (LON:ZOO) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

ZOO Digital Group plc (LON:ZOO)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 11.74 and traded as low as GBX 11. ZOO Digital Group shares last traded at GBX 11, with a volume of 672,221 shares trading hands.

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 Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 22.

ZOO Digital Group Price Performance

The firm’s fifty day simple moving average is GBX 10.85 and its 200-day simple moving average is GBX 11.74. The firm has a market capitalization of £11.31 million, a PE ratio of -1.69, a PEG ratio of 72.30 and a beta of 0.98. The company has a quick ratio of 1.59, a current ratio of 1.00 and a debt-to-equity ratio of 22.50.

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.