ZOO Digital Group (LON:ZOO) Shares Up 27.2% – Still a Buy?

ZOO Digital Group plc (LON:ZOO) shares were up 27.2% during mid-day trading on Tuesday . The company traded as high as GBX 13.20 and last traded at GBX 13.20. Approximately 2,080,620 shares changed hands during trading, an increase of 485% from the average daily volume of 355,864 shares. The stock had previously closed at GBX 10.38.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 22 target price on shares of ZOO Digital Group in a research note on Wednesday, November 19th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Stock Up 31.1%

The company has a quick ratio of 1.59, a current ratio of 1.13 and a debt-to-equity ratio of 20.79. The company has a market cap of £13.37 million, a PE ratio of -2.00, a PEG ratio of 72.30 and a beta of 0.88. The company’s fifty day moving average is GBX 10.20 and its 200-day moving average is GBX 11.43.

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.