WildBrain (TSE:WILD) Hits New 12-Month High After Analyst Upgrade

WildBrain Ltd. (TSE:WILD)’s share price reached a new 52-week high during 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 changing hands. The stock had previously closed at C$1.48.

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

WildBrain Trading Up 3.4 %

The company’s 50 day moving average is C$1.13 and its 200 day moving average is C$1.21. 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$315.36 million, a price-to-earnings ratio of -3.00, 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.