WildBrain (TSE:WILD) Trading 1% Higher – Here’s Why

WildBrain Ltd. (TSE:WILD)’s stock price shot up 1% during trading on Monday . The stock traded as high as C$1.02 and last traded at C$1.00. 30,658 shares traded hands during trading, a decline of 46% from the average session volume of 57,003 shares. The stock had previously closed at C$0.99.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group increased their price objective on shares of WildBrain from C$1.00 to C$1.40 in a report on Thursday, September 19th.

WildBrain Stock Up 1.0 %

The firm’s 50-day simple moving average is C$1.16 and its 200 day simple moving average is C$1.19. The company has a debt-to-equity ratio of 246.50, a quick ratio of 0.88 and a current ratio of 1.19. The stock has a market capitalization of C$206.12 million, a P/E ratio of -1.96, a PEG 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.