WildBrain (TSE:WILD) Trading Up 2.9% – Here’s Why

WildBrain Ltd. (TSE:WILD)’s share price rose 2.9% on Monday . The stock traded as high as C$1.45 and last traded at C$1.44. Approximately 73,537 shares were traded during trading, an increase of 21% from the average daily volume of 60,616 shares. The stock had previously closed at C$1.40.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lifted their target price on WildBrain from C$1.00 to C$1.40 in a research report on Thursday, September 19th.

WildBrain Trading Up 2.9 %

The firm has a market cap of C$296.81 million, a P/E ratio of -2.82, a price-to-earnings-growth ratio of 6.85 and a beta of 0.87. The business’s 50 day moving average is C$1.11 and its 200-day moving average is C$1.20. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 246.50.

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.