WildBrain (TSE:WILD) Reaches New 12-Month High – Here’s Why

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of WildBrain from C$2.00 to C$2.50 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. National Bankshares boosted their price objective on shares of WildBrain from C$1.50 to C$1.75 and gave the stock a “sector perform” rating in a research note on Wednesday, February 12th.

WildBrain Trading Down 0.5 %

The company has a market capitalization of C$409.25 million, a PE ratio of -2.26, a P/E/G ratio of 6.85 and a beta of 0.87. The firm’s 50 day simple moving average is C$1.63 and its 200-day simple moving average is C$1.37. The company has a quick ratio of 0.88, a current ratio of 1.70 and a debt-to-equity ratio of -811.30.

Insider Activity

In other news, insider Fine Capital Partners, L.P. bought 64,140 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was acquired at an average cost of C$1.50 per share, for a total transaction of C$96,102.24. Over the last three months, insiders bought 404,890 shares of company stock worth $647,687. 1.32% of the stock is currently owned by company insiders.

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.