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

WildBrain Ltd. (TSE:WILD)’s share price reached a new 52-week high on Thursday . The stock traded as high as C$1.96 and last traded at C$1.95, with a volume of 86900 shares trading hands. The stock had previously closed at C$1.90.

Analyst Ratings Changes

Several research firms have weighed in on WILD. National Bankshares boosted their price target 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. Royal Bank of Canada boosted their price target on WildBrain from C$2.00 to C$2.50 and gave the company a “sector perform” rating in a research note on Thursday, February 13th.

WildBrain Stock Up 3.2 %

The company has a quick ratio of 0.88, a current ratio of 1.70 and a debt-to-equity ratio of -811.30. The stock has a market cap of C$411.35 million, a PE ratio of -2.27, a P/E/G ratio of 6.85 and a beta of 0.87. The business has a 50 day moving average price of C$1.61 and a 200 day moving average price of C$1.36.

Insider Buying and Selling

In other WildBrain news, insider Fine Capital Partners, L.P. purchased 271,100 shares of WildBrain stock in a transaction that occurred on Monday, December 30th. The stock was bought at an average price of C$1.63 per share, with a total value of C$442,031.80. In the last 90 days, insiders acquired 404,890 shares of company stock valued at $647,687. 1.32% of the stock is owned by company 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.