ZOO Digital Group (LON:ZOO) Stock Passes Above 50-Day Moving Average – Here’s What Happened

ZOO Digital Group plc (LON:ZOO)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 10.37 and traded as high as GBX 10.50. ZOO Digital Group shares last traded at GBX 9.83, with a volume of 33,078 shares traded.

Wall Street Analyst Weigh In

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

ZOO Digital Group Trading Up 2.0%

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 firm has a market cap of £10.03 million, a P/E ratio of -1.50, a price-to-earnings-growth ratio of 72.30 and a beta of 0.88. The firm’s 50-day simple moving average is GBX 10.37 and its 200 day simple moving average is GBX 12.35.

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.