ZOO Digital Group (LON:ZOO) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

ZOO Digital Group plc (LON:ZOO – Get Free Report) crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of GBX 14.67 and traded as high as GBX 16. ZOO Digital Group shares last traded at GBX 15.31, with a volume of 496,893 shares trading hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group boosted their price objective on ZOO Digital Group from GBX 22 to GBX 31 and gave the company a “buy” rating in a report on Tuesday. One equities research 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 a consensus target price of GBX 31.

Get Our Latest Analysis on ZOO

ZOO Digital Group Stock Performance

The business’s 50-day simple moving average is GBX 14.67 and its two-hundred day simple moving average is GBX 12.79. The firm has a market cap of £15.94 million, a price-to-earnings ratio of -4.27, a P/E/G ratio of 72.30 and a beta of 1.03. The company has a quick ratio of 1.59, a current ratio of 0.97 and a debt-to-equity ratio of 29.42.

About ZOO Digital Group

(Get Free Report)

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.

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