Spin Master Corp. (TSE:TOY) Senior Officer Sells C$31,898.15 in Stock

Spin Master Corp. (TSE:TOY - Get Free Report) Senior Officer Jennifer Susan Dodge sold 1,259 shares of the stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15.

Spin Master Stock Down 3.1 %

Shares of Spin Master stock traded down C$0.80 during trading on Friday, reaching C$24.71. The company's stock had a trading volume of 117,659 shares, compared to its average volume of 84,571. Spin Master Corp. has a 1-year low of C$24.58 and a 1-year high of C$35.44. The company has a 50-day simple moving average of C$28.77 and a two-hundred day simple moving average of C$30.93. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 39.61. The company has a market cap of C$1.81 billion, a price-to-earnings ratio of 58.48, a P/E/G ratio of 0.57 and a beta of 1.86.

Spin Master Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, April 11th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.94%. The ex-dividend date is Friday, March 28th. Spin Master's dividend payout ratio is presently 113.60%.

Analyst Ratings Changes

A number of research firms have recently issued reports on TOY. Royal Bank of Canada dropped their price objective on shares of Spin Master from C$43.00 to C$41.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. TD Securities dropped their target price on Spin Master from C$46.00 to C$37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 26th. Canaccord Genuity Group cut their price target on Spin Master from C$44.00 to C$35.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. National Bankshares decreased their price objective on Spin Master from C$35.00 to C$32.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 26th. Finally, Stifel Nicolaus dropped their price objective on Spin Master from C$45.00 to C$40.00 and set a "buy" rating on the stock in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$37.75.

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About Spin Master

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.