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

Shares of WildBrain Ltd. (TSE:WILD) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$1.72 and last traded at C$1.67, with a volume of 91927 shares traded. The stock had previously closed at C$1.64.

Analysts Set New Price Targets

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

WildBrain Price Performance

The company has a market capitalization of C$348.34 million, a P/E ratio of -3.31, a price-to-earnings-growth ratio of 6.85 and a beta of 0.87. The company has a debt-to-equity ratio of 246.50, a current ratio of 1.19 and a quick ratio of 0.88. The firm’s 50-day moving average is C$1.24 and its 200-day moving average is C$1.26.

Insider Activity

In other news, insider Fine Capital Partners, L.P. bought 64,140 shares of WildBrain stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average cost of C$1.50 per share, with a total value of C$96,102.24. Insiders acquired a total of 404,890 shares of company stock valued at $647,687 in the last 90 days. Company insiders own 1.32% of the company’s stock.

About WildBrain

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.