ZOO Digital Group (LON:ZOO) Stock Price Down 7.3% – Here’s What Happened

ZOO Digital Group plc (LON:ZOO) shares fell 7.3% during trading on Monday . The stock traded as low as GBX 11.11 and last traded at GBX 11.13. 1,815,356 shares traded hands during mid-day trading, an increase of 436% from the average session volume of 338,460 shares. The stock had previously closed at GBX 12.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 22 target price on shares of ZOO Digital Group in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 22.

ZOO Digital Group Trading Down 7.3%

The company has a quick ratio of 1.59, a current ratio of 1.00 and a debt-to-equity ratio of 22.50. The firm has a market cap of £10.94 million, a price-to-earnings ratio of -1.64, a price-to-earnings-growth ratio of 72.30 and a beta of 1.03. The business’s fifty day moving average is GBX 11.35 and its two-hundred day moving average is GBX 11.61.

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.