ZOO Digital Group (LON:ZOO) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

ZOO Digital Group plc (LON:ZOO – Get Free Report) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 14.67 and traded as high as GBX 16. ZOO Digital Group shares last traded at GBX 15.31, with a volume of 496,893 shares.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their target price on ZOO Digital Group from GBX 22 to GBX 31 and gave the stock a “buy” rating in a report on Tuesday. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, ZOO Digital Group has an average rating of “Buy” and an average target price of GBX 31.

Read Our Latest Stock Report on ZOO

ZOO Digital Group Stock Performance

The business’s fifty day moving average price is GBX 14.64 and its 200-day moving average price is GBX 12.85. The stock has a market cap of £14.26 million, a PE ratio of -3.82, a P/E/G ratio of 72.30 and a beta of 1.03.

About ZOO Digital Group

(Get Free Report)

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.

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