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

WildBrain Ltd. (TSE:WILD - Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as C$2.00 and last traded at C$1.95, with a volume of 40805 shares changing hands. The stock had previously closed at C$1.91.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. National Bankshares upped their target price on shares of WildBrain from C$1.50 to C$1.75 and gave the company a "sector perform" rating in a report on Wednesday, February 12th. Royal Bank of Canada boosted their price objective on shares of WildBrain from C$2.00 to C$2.50 and gave the company a "sector perform" rating in a research report on Thursday, February 13th.

WildBrain Price Performance

The company has a 50-day moving average of C$1.78 and a two-hundred day moving average of C$1.45. The company has a debt-to-equity ratio of -811.30, a current ratio of 1.70 and a quick ratio of 0.88. The stock has a market capitalization of C$392.46 million, a PE ratio of -2.17, a P/E/G ratio of 6.85 and a beta of 0.87.

Insider Buying and Selling

In other news, insider Fine Capital Partners, L.P. bought 271,100 shares of the business's stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average cost of C$1.63 per share, with a total value of C$442,031.80. Corporate insiders own 1.32% of the company's stock.

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.