ZOO Digital Group (LON:ZOO) Trading 7.7% Higher – Here’s Why

ZOO Digital Group plc (LON:ZOO) shares traded up 7.7% during trading on Monday . The company traded as high as GBX 11 and last traded at GBX 10.50. 527,146 shares changed hands during mid-day trading, an increase of 76% from the average session volume of 299,772 shares. The stock had previously closed at GBX 9.75.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 22 price objective on shares of ZOO Digital Group in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 22.

ZOO Digital Group Trading Up 7.7%

The business’s 50-day moving average price is GBX 11.53 and its 200 day moving average price is GBX 11.57. The company has a market cap of £10.32 million, a P/E ratio of -1.54, a P/E/G ratio of 72.30 and a beta of 1.11. The company has a debt-to-equity ratio of 22.50, a quick ratio of 1.59 and a current ratio of 1.00.

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.