ZOO Digital Group (LON:ZOO) Stock Breaks Below 200-Day Moving Average – Should You Sell?

ZOO Digital Group plc (LON:ZOO)’s share price passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 12.60 and traded as low as GBX 12.50. ZOO Digital Group shares last traded at GBX 12.75, with a volume of 21,760 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated 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 equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 22.

ZOO Digital Group Stock Performance

The company has a debt-to-equity ratio of 29.42, a current ratio of 0.97 and a quick ratio of 1.59. The stock has a market cap of £11.48 million, a P/E ratio of -3.07, a PEG ratio of 72.30 and a beta of 1.03. The stock has a 50-day simple moving average of GBX 15.37 and a 200-day simple moving average of GBX 12.59.

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.