ZOO Digital Group (LON:ZOO) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

ZOO Digital Group plc (LON:ZOO) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 11.82 and traded as low as GBX 9.50. ZOO Digital Group shares last traded at GBX 9.95, with a volume of 61,744 shares traded.

Wall Street Analysts Forecast Growth

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

ZOO Digital Group Price Performance

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 stock has a market cap of £9.34 million, a PE ratio of -1.40, a P/E/G ratio of 72.30 and a beta of 0.88. The company’s 50 day moving average is GBX 10.29 and its 200-day moving average is GBX 11.82.

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.