WildBrain (TSE:WILD) Hits New 52-Week High - Still a Buy?

WildBrain Ltd. (TSE:WILD - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as C$1.72 and last traded at C$1.67, with a volume of 91927 shares traded. The stock had previously closed at C$1.64.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WILD. Canaccord Genuity Group raised their target price on shares of WildBrain from C$1.00 to C$1.40 in a report on Thursday, September 19th. National Bankshares raised their price target on WildBrain from C$1.25 to C$1.50 and gave the stock a "sector perform" rating in a report on Thursday, December 19th.

WildBrain Stock Performance

The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 246.50. The company's 50-day moving average is C$1.23 and its two-hundred day moving average is C$1.25. The stock has a market capitalization of C$344.22 million, a P/E ratio of -3.27, a P/E/G ratio of 6.85 and a beta of 0.87.

Insider Activity

In other WildBrain news, insider Fine Capital Partners, L.P. purchased 69,650 shares of the firm's stock in a transaction dated Monday, December 23rd. The stock was bought at an average price of C$1.57 per share, with a total value of C$109,553.32. Over the last 90 days, insiders have acquired 404,890 shares of company stock valued at $647,687. 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.