ZOO Digital Group (LON:ZOO) Stock Price Down 7.3% – Here’s What Happened

ZOO Digital Group plc (LON:ZOO) was down 7.3% on Monday . The company traded as low as GBX 11.11 and last traded at GBX 11.13. Approximately 1,815,356 shares changed hands during trading, an increase of 436% from the average daily volume of 338,460 shares. The stock had previously closed at GBX 12.

Wall Street Analysts Forecast Growth

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

ZOO Digital Group Stock Down 7.3%

The firm has a market capitalization of £10.94 million, a price-to-earnings ratio of -1.64, a P/E/G ratio of 72.30 and a beta of 1.03. The company has a current ratio of 1.00, a quick ratio of 1.59 and a debt-to-equity ratio of 22.50. The firm has a fifty day moving average price of GBX 11.35 and a 200 day moving average price of GBX 11.61.

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.