ZOO Digital Group (LON:ZOO) Stock Price Down 7.7% – What’s Next?

ZOO Digital Group plc (LON:ZOO) fell 7.7% on Tuesday . The company traded as low as GBX 13.50 and last traded at GBX 15. 1,126,603 shares changed hands during mid-day trading, an increase of 118% from the average session volume of 516,350 shares. The stock had previously closed at GBX 16.25.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued 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, According to data from MarketBeat, ZOO Digital Group has a consensus rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Trading Down 7.7%

The firm’s 50 day simple moving average is GBX 10.68 and its two-hundred day simple moving average is GBX 11.48. The company has a quick ratio of 1.59, a current ratio of 1.13 and a debt-to-equity ratio of 20.79. The stock has a market cap of £14.75 million, a P/E ratio of -2.21, a price-to-earnings-growth ratio of 72.30 and a beta of 0.88.

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.