ZOO Digital Group (LON:ZOO) Trading 9.1% Higher – Time to Buy?

ZOO Digital Group plc (LON:ZOO)’s stock price rose 9.1% on Thursday . The company traded as high as GBX 11.80 and last traded at GBX 10.75. 2,549,544 shares changed hands during mid-day trading, an increase of 625% from the average session volume of 351,891 shares. The stock had previously closed at GBX 9.85.

Analyst Upgrades and Downgrades

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

ZOO Digital Group Stock Performance

The company has a debt-to-equity ratio of 22.50, a quick ratio of 1.59 and a current ratio of 1.00. The stock has a market cap of £11.16 million, a PE ratio of -1.67, a price-to-earnings-growth ratio of 72.30 and a beta of 0.98. The firm has a fifty day moving average price of GBX 10.70 and a 200 day moving average price of GBX 11.71.

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.