WildBrain (TSE:WILD) Reaches New 1-Year High After Analyst Upgrade

WildBrain Ltd. (TSE:WILD) hit a new 52-week high during mid-day trading on Friday after National Bankshares raised their price target on the stock from C$1.25 to C$1.50. National Bankshares currently has a sector perform rating on the stock. WildBrain traded as high as C$1.55 and last traded at C$1.53, with a volume of 227162 shares trading hands. The stock had previously closed at C$1.48.

Separately, Canaccord Genuity Group boosted their target price on WildBrain from C$1.00 to C$1.40 in a report on Thursday, September 19th.

WildBrain Trading Up 3.4 %

The business has a 50 day simple moving average of C$1.12 and a 200-day simple moving average of C$1.21. 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 stock has a market capitalization of C$315.36 million, a price-to-earnings ratio of -3.00, a price-to-earnings-growth ratio of 6.85 and a beta of 0.87.

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.