WildBrain (TSE:WILD) Sets New 12-Month High – Here’s What Happened

WildBrain Ltd. (TSE:WILD)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$1.66 and last traded at C$1.62, with a volume of 131501 shares changing hands. The stock had previously closed at C$1.65.

Analyst Upgrades and Downgrades

WILD has been the subject of a number of research analyst reports. National Bankshares lifted their price target on WildBrain from C$1.25 to C$1.50 and gave the stock a “sector perform” rating in a report on Thursday, December 19th. Canaccord Genuity Group increased their price objective on shares of WildBrain from C$1.00 to C$1.40 in a research report on Thursday, September 19th.

WildBrain Stock Performance

The company has a fifty day moving average of C$1.17 and a two-hundred day moving average of C$1.23. The firm has a market capitalization of C$333.91 million, a price-to-earnings ratio of -3.18, a PEG ratio of 6.85 and a beta of 0.87. The company has a debt-to-equity ratio of 246.50, a quick ratio of 0.88 and a current ratio of 1.19.

Insider Transactions at WildBrain

In related news, insider Fine Capital Partners, L.P. bought 69,650 shares of WildBrain stock in a transaction dated Monday, December 23rd. The shares were bought at an average cost of C$1.57 per share, with a total value of C$109,553.32. 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.