WildBrain (TSE:WILD) Trading Down 2.7% – Here’s Why

WildBrain Ltd. (TSE:WILD) dropped 2.7% during trading on Friday . The company traded as low as C$1.06 and last traded at C$1.07. Approximately 84,700 shares were traded during mid-day trading, an increase of 48% from the average daily volume of 57,404 shares. The stock had previously closed at C$1.10.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their target price on WildBrain from C$1.00 to C$1.40 in a research report on Thursday, September 19th.

WildBrain Trading Down 2.7 %

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 company’s fifty day moving average price is C$1.24 and its two-hundred day moving average price is C$1.20. The firm has a market cap of C$220.55 million, a PE ratio of -2.10, a P/E/G ratio of 6.85 and a beta of 0.87.

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.