WildBrain (TSE:WILD) Sets New 52-Week High - Here's What Happened

Shares of WildBrain Ltd. (TSE:WILD - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as C$1.66 and last traded at C$1.62, with a volume of 131501 shares changing hands. The stock had previously closed at C$1.65.

Analysts Set New Price Targets

A number of research firms have weighed in on WILD. National Bankshares lifted their price objective on shares of WildBrain from C$1.25 to C$1.50 and gave the company a "sector perform" rating in a report on Thursday, December 19th. Canaccord Genuity Group lifted their price target on WildBrain from C$1.00 to C$1.40 in a research note on Thursday, September 19th.

WildBrain Stock Performance

The firm has a fifty day moving average price of C$1.17 and a 200 day moving average price of C$1.23. 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 firm has a market cap of C$340.10 million, a PE ratio of -3.24, a price-to-earnings-growth ratio of 6.85 and a beta of 0.87.

Insider Buying and Selling

In related news, insider Fine Capital Partners, L.P. bought 69,650 shares of the stock in a transaction on 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. 1.32% of the stock is currently owned by company insiders.

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.