Shares of Zoo Digital Group plc (LON:ZOO) hit a new 52-week high during trading on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 40 ($0.53) and last traded at GBX 40 ($0.53), with a volume of 157,712 shares changing hands. The stock had previously closed at GBX 37.50 ($0.50).

Specifically, insider Mickey Kalifa purchased 50,000 shares of the company’s stock in a transaction on Thursday, October 5th. The shares were bought at an average price of GBX 39 ($0.52) per share, for a total transaction of £19,500 ($25,865.50).

Separately, FinnCap reiterated a “corporate” rating and issued a GBX 16 ($0.21) price objective on shares of Zoo Digital Group plc in a report on Tuesday, June 27th.

The company’s market capitalization is GBX 14.29 million. The stock’s 50-day moving average is GBX 27.05 and its 200-day moving average is GBX 15.71.

WARNING: This news story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another site, it was stolen and republished in violation of US and international trademark and copyright law. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/10/07/zoo-digital-group-plc-zoo-reaches-new-52-week-high-following-insider-buying-activity.html.

Zoo Digital Group plc Company Profile

ZOO Digital Group plc is a holding company. The Company’s principal activities include provision of a range of services to allow television and movie content to be subtitled in any language and prepared for sale with online retailers, and research and development of productivity software in those areas.

Receive News & Stock Ratings for Zoo Digital Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zoo Digital Group plc and related stocks with our FREE daily email newsletter.