ZOO Digital Group (LON:ZOO) Trading 11.8% Higher on Insider Buying Activity

ZOO Digital Group plc (LON:ZOO) shares were up 11.8% during mid-day trading on Friday after an insider bought additional shares in the company. The company traded as high as GBX 13.75 ($0.17) and last traded at GBX 13.70 ($0.17). Approximately 972,144 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 734,189 shares. The stock had previously closed at GBX 12.25 ($0.15).

Specifically, insider Phillip Blundell bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were purchased at an average price of GBX 12 ($0.15) per share, for a total transaction of £2,400 ($3,018.49).

ZOO Digital Group Stock Up 22.4 %

The company has a current ratio of 1.13, a quick ratio of 1.59 and a debt-to-equity ratio of 20.79. The company has a market capitalization of £18.26 million, a PE ratio of -0.83, a price-to-earnings-growth ratio of 72.30 and a beta of 0.88. The business’s 50-day simple moving average is GBX 29.41 and its 200-day simple moving average is GBX 35.95.

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.