Kartoon Studios Inc. (NASDAQ:TOON – Get Free Report)’s share price traded up 1.6% during trading on Thursday . The company traded as high as $0.88 and last traded at $0.87. 49,987 shares traded hands during trading, a decline of 76% from the average session volume of 208,967 shares. The stock had previously closed at $0.85.
Kartoon Studios Stock Down 1.3 %
The business has a 50 day moving average of $0.92 and a 200 day moving average of $1.11. The company has a market capitalization of $33.72 million, a P/E ratio of -0.50 and a beta of 2.71.
Kartoon Studios (NASDAQ:TOON – Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.15) EPS for the quarter. Kartoon Studios had a negative net margin of 150.04% and a negative return on equity of 91.75%. The firm had revenue of $8.38 million for the quarter.
Institutional Investors Weigh In On Kartoon Studios
About Kartoon Studios
Kartoon Studios Inc, a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children worldwide. The company offers Shaq's Garage, a children's animated series about the secret adventures; Cocomelon that provides 3D animation videos of traditional nursery rhymes and children's songs; Eggventurers, a preschool animated series; Barbie Productions that provides animated Barbie series; Octonauts, a children's television series based on the children's books; Roblox Rumble, an elimination-style competitive reality series; and Spin Master Productions.
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