ZOO Digital Group (LON:ZOO) Trading 8.3% Higher – Here’s What Happened

ZOO Digital Group plc (LON:ZOO) shares traded up 8.3% during mid-day trading on Friday . The stock traded as high as GBX 13 ($0.17) and last traded at GBX 13 ($0.17). 259,547 shares traded hands during trading, a decline of 52% from the average session volume of 544,359 shares. The stock had previously closed at GBX 12 ($0.16).

Wall Street Analyst Weigh In

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

ZOO Digital Group Stock Up 7.1%

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 capitalization of £12.63 million, a PE ratio of -158.64, a price-to-earnings-growth ratio of 72.30 and a beta of 0.88. The business’s 50 day simple moving average is GBX 13.02 and its 200 day simple moving average is GBX 12.27.

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.