ZOO Digital Group (LON:ZOO) Trading 4.8% Higher – Should You Buy?

ZOO Digital Group plc (LON:ZOO) traded up 4.8% during mid-day trading on Monday . The company traded as high as GBX 16 and last traded at GBX 15.75. 239,819 shares traded hands during trading, a decline of 33% from the average session volume of 355,862 shares. The stock had previously closed at GBX 15.03.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 22 price target on shares of ZOO Digital Group in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 22.

ZOO Digital Group Price Performance

The stock has a market capitalization of £15.49 million, a PE ratio of -4.14, a P/E/G ratio of 72.30 and a beta of 0.98. The firm’s 50 day simple moving average is GBX 11.33 and its 200 day simple moving average is GBX 12.05. The company has a debt-to-equity ratio of 29.42, a current ratio of 0.97 and a quick ratio of 1.59.

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.