WildBrain (TSE:WILD) Shares Down 2.7% - Here's What Happened

WildBrain Ltd. (TSE:WILD - Get Free Report) shares traded down 2.7% during mid-day trading on Friday . The company traded as low as C$1.06 and last traded at C$1.07. 84,700 shares were traded during mid-day trading, an increase of 48% from the average session volume of 57,404 shares. The stock had previously closed at C$1.10.

Analysts Set New Price Targets

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

WildBrain Stock Down 2.7 %

The firm has a market cap of C$220.55 million, a price-to-earnings ratio of -2.10, a PEG ratio of 6.85 and a beta of 0.87. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 246.50. The firm has a fifty day moving average price of C$1.24 and a 200-day moving average price of C$1.20.

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.