ZOO Digital Group (LON:ZOO) Stock Price Down 2.4% – Here’s Why

ZOO Digital Group plc (LON:ZOO) dropped 2.4% on Friday . The stock traded as low as GBX 14.90 and last traded at GBX 15.25. Approximately 173,836 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 453,093 shares. The stock had previously closed at GBX 15.63.

Wall Street Analyst Weigh In

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

ZOO Digital Group Stock 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 firm has a market capitalization of £13.27 million, a PE ratio of -1.99, a PEG ratio of 72.30 and a beta of 0.88. The stock’s 50 day moving average price is GBX 11.42 and its two-hundred day moving average price is GBX 11.56.

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.