ZOO Digital Group (LON:ZOO) Trading Up 2.4% – Still a Buy?

ZOO Digital Group plc (LON:ZOO) was up 2.4% during mid-day trading on Tuesday . The company traded as high as GBX 11.10 and last traded at GBX 10.50. Approximately 607,923 shares traded hands during trading, an increase of 18% from the average daily volume of 516,609 shares. The stock had previously closed at GBX 10.25.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 22 target price on shares of ZOO Digital Group in a report on Thursday, September 25th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Price Performance

The company has a quick ratio of 1.59, a current ratio of 1.13 and a debt-to-equity ratio of 20.79. The stock’s 50-day simple moving average is GBX 11.81 and its two-hundred day simple moving average is GBX 12.51. The company has a market capitalization of £10.81 million, a price-to-earnings ratio of -1.36, a PEG ratio of 72.30 and a beta of 0.88.

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.