ZOO Digital Group (LON:ZOO) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of ZOO Digital Group plc (LON:ZOO) passed 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 traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 22 target price on shares of ZOO Digital Group in a research report on Thursday, July 30th. One research 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 Trading Down 4.3%

The company has a quick ratio of 1.59, a current ratio of 0.97 and a debt-to-equity ratio of 29.42. The company has a market capitalization of £10.81 million, a P/E ratio of -2.89, a P/E/G ratio of 72.30 and a beta of 0.98. The firm’s 50-day moving average price is GBX 10.83 and its 200 day moving average price is GBX 11.76.

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.