ZOO Digital Group (LON:ZOO) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

ZOO Digital Group plc (LON:ZOO)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 50.25 ($0.65) and traded as low as GBX 33 ($0.43). ZOO Digital Group shares last traded at GBX 33.70 ($0.44), with a volume of 286,995 shares changing hands.

ZOO Digital Group Stock Performance

The company has a market cap of £32.99 million, a P/E ratio of -198.24, a PEG ratio of 72.30 and a beta of 0.88. The company has a quick ratio of 1.59, a current ratio of 1.13 and a debt-to-equity ratio of 20.79. The company has a 50 day moving average price of GBX 39.50 and a 200-day moving average price of GBX 50.25.

About ZOO Digital Group

ZOO Digital Group plc, through its subsidiaries, provides cloud-based localisation and digital distribution services in the United Kingdom, India, and the United States. It operates through two segments, Media Production, and Software Solutions. The company's services portfolio comprises dubbing, audio postproduction, audio description, subtitling, scripting, metadata, artwork, compliance, and content mastering services; and asset health check services.