ZOO Digital Group (LON:ZOO) Shares Pass Below 200-Day Moving Average – Time to Sell?

ZOO Digital Group plc (LON:ZOO)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 11.76 and traded as low as GBX 11.10. ZOO Digital Group shares last traded at GBX 11.64, with a volume of 199,770 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 22 price objective on shares of ZOO Digital Group in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, ZOO Digital Group has an average rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Stock Down 4.3%

The company has a market capitalization of £10.81 million, a PE ratio of -2.89, a P/E/G ratio of 72.30 and a beta of 0.98. The stock’s fifty day moving average is GBX 10.83 and its two-hundred day moving average is GBX 11.76. The company has a current ratio of 0.97, a quick ratio of 1.59 and a debt-to-equity ratio of 29.42.

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.