ZOO Digital Group (LON:ZOO) Trading 4.8% Higher – Should You Buy?

ZOO Digital Group plc (LON:ZOO) shares traded up 4.8% during mid-day trading on Monday . The stock traded as high as GBX 16 and last traded at GBX 15.75. 239,819 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 355,862 shares. The stock had previously closed at GBX 15.03.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated 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, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 22.

ZOO Digital Group Stock Performance

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 stock has a market capitalization of £17.85 million, a P/E ratio of -4.78, a price-to-earnings-growth ratio of 72.30 and a beta of 0.97. The company has a fifty day moving average of GBX 11.56 and a two-hundred day moving average of GBX 12.09.

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.