National Bankshares Forecasts Strong Price Appreciation for WildBrain (TSE:WILD) Stock

WildBrain (TSE:WILD) had its price objective lifted by investment analysts at National Bankshares from C$1.50 to C$1.75 in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ target price indicates a potential downside of 4.89% from the company’s previous close.

WildBrain Price Performance

TSE WILD traded up C$0.08 on Wednesday, reaching C$1.84. The company had a trading volume of 67,390 shares, compared to its average volume of 40,198. The firm’s 50 day moving average price is C$1.50 and its 200 day moving average price is C$1.33. WildBrain has a 12 month low of C$0.77 and a 12 month high of C$1.85. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 246.50. The stock has a market capitalization of C$379.26 million, a PE ratio of -3.61, a price-to-earnings-growth ratio of 6.85 and a beta of 0.87.

Insider Activity at WildBrain

In other news, insider Fine Capital Partners, L.P. purchased 271,100 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average price of C$1.63 per share, for a total transaction of C$442,031.80. Insiders bought 404,890 shares of company stock valued at $647,687 over the last 90 days. Insiders own 1.32% of the company’s stock.

WildBrain Company Profile

WildBrain Ltd. engages in the development, production, and distribution of films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through three segments: Content and Licensing; Global Licensing; and Canadian Television Broadcasting. It focuses on children’s and family content, including animated series; provides content production and distribution services; and sells advertising ad-supported video-on-demand (AVOD) platforms.