ZOO Digital Group (LON:ZOO) Shares Pass Above 50 Day Moving Average – Time to Sell?

ZOO Digital Group plc (LON:ZOO)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 10.47 and traded as high as GBX 10.50. ZOO Digital Group shares last traded at GBX 10.27, with a volume of 177,206 shares changing hands.

Wall Street Analyst Weigh In

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

ZOO Digital Group Price Performance

The company has a market capitalization of £10.10 million, a PE ratio of -1.51, a PEG ratio of 72.30 and a beta of 0.88. The company has a current ratio of 1.13, a quick ratio of 1.59 and a debt-to-equity ratio of 20.79. The company’s 50 day moving average price is GBX 10.47 and its 200-day moving average price is GBX 12.55.

About ZOO Digital Group

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.