ZOO Digital Group (LON:ZOO) Trading 7.7% Higher – Here’s Why

Shares of ZOO Digital Group plc (LON:ZOO) traded up 7.7% during mid-day trading on Monday . The stock traded as high as GBX 11 and last traded at GBX 10.50. 527,146 shares changed hands during mid-day trading, an increase of 76% from the average session volume of 299,772 shares. The stock had previously closed at GBX 9.75.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 22 price target on shares of ZOO Digital Group in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 22.

ZOO Digital Group Stock Up 7.7%

The firm’s 50 day simple moving average is GBX 11.53 and its 200-day simple moving average is GBX 11.57. The stock has a market capitalization of £10.32 million, a price-to-earnings ratio of -1.54, a price-to-earnings-growth ratio of 72.30 and a beta of 1.11. The company has a current ratio of 1.00, a quick ratio of 1.59 and a debt-to-equity ratio of 22.50.

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.