WildBrain (TSE:WILD) Reaches New 52-Week High – Here’s Why

WildBrain Ltd. (TSE:WILD) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$2.00 and last traded at C$1.95, with a volume of 40805 shares trading hands. The stock had previously closed at C$1.91.

Analysts Set New Price Targets

A number of analysts have recently commented on WILD shares. Royal Bank of Canada lifted their target price on WildBrain from C$2.00 to C$2.50 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. National Bankshares upped their price objective on WildBrain from C$1.50 to C$1.75 and gave the company a “sector perform” rating in a research note on Wednesday, February 12th.

WildBrain Stock Up 1.6 %

The firm has a market capitalization of C$407.15 million, a PE ratio of -2.25, a price-to-earnings-growth ratio of 6.85 and a beta of 0.87. The company has a current ratio of 1.70, a quick ratio of 0.88 and a debt-to-equity ratio of -811.30. The firm has a 50-day moving average of C$1.75 and a two-hundred day moving average of C$1.44.

Insider Activity at WildBrain

In related news, insider Fine Capital Partners, L.P. acquired 271,100 shares of WildBrain stock in a transaction 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. 1.32% of the stock is currently owned by insiders.

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.