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

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

Wall Street Analysts Forecast Growth

WILD has been the topic of a number of research reports. National Bankshares increased their target price on shares of WildBrain from C$1.50 to C$1.75 and gave the stock a “sector perform” rating in a report on Wednesday, February 12th. Royal Bank of Canada increased their target price on shares of WildBrain from C$2.00 to C$2.50 and gave the stock a “sector perform” rating in a report on Thursday, February 13th.

WildBrain Stock Performance

The company has a debt-to-equity ratio of -811.30, a quick ratio of 0.88 and a current ratio of 1.70. The stock’s fifty day moving average is C$1.63 and its two-hundred day moving average is C$1.37. The firm has a market cap of C$409.25 million, a price-to-earnings ratio of -2.26, a PEG ratio of 6.85 and a beta of 0.87.

Insider Buying and Selling

In other news, insider Fine Capital Partners, L.P. acquired 271,100 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average price of C$1.63 per share, with a total value of C$442,031.80. Insiders have bought a total of 404,890 shares of company stock valued at $647,687 in the last quarter. Company insiders own 1.32% of the company’s stock.

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.