ZOO Digital Group (LON:ZOO) Share Price Crosses Below 200 Day Moving Average – Here’s Why

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 11.76 and traded as low as GBX 11.10. ZOO Digital Group shares last traded at GBX 11.64, with a volume of 199,770 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 22 price target on shares of ZOO Digital Group in a research note on Thursday, July 30th. 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 Price Performance

The stock has a 50 day moving average price of GBX 10.86 and a two-hundred day moving average price of GBX 11.76. The company has a debt-to-equity ratio of 29.42, a quick ratio of 1.59 and a current ratio of 0.97. The company has a market capitalization of £11.06 million, a PE ratio of -2.96, a P/E/G 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.