Canaccord Genuity Group Reaffirms Buy Rating for ZOO Digital Group (LON:ZOO)

ZOO Digital Group (LON:ZOO)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity Group in a research note issued on Thursday,Digital Look reports. They currently have a GBX 22 target price on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 106.09% from the company’s current price.

ZOO Digital Group Trading Up 8.4%

Shares of ZOO traded up GBX 0.82 during trading hours on Thursday, reaching GBX 10.68. 2,470,095 shares of the company traded hands, compared to its average volume of 351,343. ZOO Digital Group has a 12 month low of GBX 8.50 and a 12 month high of GBX 17. The company has a quick ratio of 1.59, a current ratio of 1.00 and a debt-to-equity ratio of 22.50. The company’s fifty day moving average price is GBX 10.66 and its two-hundred day moving average price is GBX 11.70. The company has a market capitalization of £10.50 million, a price-to-earnings ratio of -1.57, a price-to-earnings-growth ratio of 72.30 and a beta of 0.98.

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.