WildBrain (TSE:WILD) Hits New 12-Month High – Should You Buy?

WildBrain Ltd. (TSE:WILD) reached 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 trading hands. The stock had previously closed at C$1.64.

Wall Street Analysts Forecast Growth

WILD has been the subject of a number of analyst reports. Canaccord Genuity Group lifted their price objective on shares of WildBrain from C$1.00 to C$1.40 in a report on Thursday, September 19th. National Bankshares raised their target price on 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.

WildBrain Stock Up 1.8 %

The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 246.50. The firm has a market cap of C$344.22 million, a PE ratio of -3.27, a price-to-earnings-growth ratio of 6.85 and a beta of 0.87. The stock has a fifty day simple moving average of C$1.21 and a two-hundred day simple moving average of C$1.25.

Insider Buying and Selling

In other news, insider Fine Capital Partners, L.P. bought 64,140 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average price of C$1.50 per share, for a total transaction of C$96,102.24. Over the last quarter, insiders have acquired 404,890 shares of company stock worth $647,687. Corporate 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.