ZOO Digital Group (LON:ZOO) Shares Up 11.5% – Here’s What Happened

ZOO Digital Group plc (LON:ZOO)’s stock price was up 11.5% during mid-day trading on Friday. The stock traded as high as GBX 14.50 and last traded at GBX 14.22. Approximately 212,172 shares changed hands during trading, a decline of 36% from the average daily volume of 333,565 shares. The stock had previously closed at GBX 12.75.

Analyst Upgrades and Downgrades

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

ZOO Digital Group Trading Up 5.9%

The firm’s 50 day moving average is GBX 15.13 and its 200 day moving average is GBX 12.63. The company has a debt-to-equity ratio of 29.42, a current ratio of 0.97 and a quick ratio of 1.59. The company has a market cap of £13.27 million, a PE ratio of -3.55, a PEG ratio of 72.30 and a beta of 1.03.

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.