ZOO Digital Group (LON:ZOO) Shares Cross Below 200-Day Moving Average – Time to Sell?

ZOO Digital Group plc (LON:ZOO)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 46.11 ($0.58) and traded as low as GBX 37 ($0.46). ZOO Digital Group shares last traded at GBX 38.50 ($0.48), with a volume of 233,387 shares changing hands.

ZOO Digital Group Price Performance

The company has a debt-to-equity ratio of 20.79, a current ratio of 1.13 and a quick ratio of 1.59. The firm has a market capitalization of £38.18 million, a P/E ratio of -229.41, a PEG ratio of 72.30 and a beta of 0.88. The company’s 50 day moving average price is GBX 35.78 and its 200 day moving average price is GBX 45.97.

ZOO Digital Group Company Profile

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.