ZOO Digital Group (LON:ZOO) Shares Cross Below 200-Day Moving Average – Here’s Why

ZOO Digital Group plc (LON:ZOO)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 24.40 ($0.32) and traded as low as GBX 8.53 ($0.11). ZOO Digital Group shares last traded at GBX 9.10 ($0.12), with a volume of 492,657 shares.

ZOO Digital Group Stock Performance

The stock has a 50 day simple moving average of GBX 10.56 and a 200 day simple moving average of GBX 24.23. The stock has a market cap of £11.08 million, a P/E ratio of -0.50, a price-to-earnings-growth ratio of 72.30 and a beta of 0.88. The company has a current ratio of 1.13, a quick ratio of 1.59 and a debt-to-equity ratio of 20.79.

Insider Buying and Selling

In other news, insider Phillip Blundell acquired 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average cost of GBX 12 ($0.16) per share, with a total value of £2,400 ($3,194.04). 17.36% of the stock is owned by company insiders.

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.