ZOO Digital Group (LON:ZOO) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

ZOO Digital Group plc (LON:ZOO) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 11.58 and traded as low as GBX 9. ZOO Digital Group shares last traded at GBX 9.40, with a volume of 358,270 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 22 target price 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, ZOO Digital Group currently has a consensus rating of “Buy” and an average target price of GBX 22.

ZOO Digital Group Trading Down 2.7%

The company has a market capitalization of £8.85 million, a PE ratio of -1.32, a price-to-earnings-growth ratio of 72.30 and a beta of 0.88. The company has a debt-to-equity ratio of 20.79, a current ratio of 1.13 and a quick ratio of 1.59. The company’s fifty day moving average is GBX 10.25 and its 200-day moving average is GBX 11.58.

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.