WildBrain (TSE:WILD) Stock Price Down 5.6% – Here’s Why

WildBrain Ltd. (TSE:WILD) shares fell 5.6% on Tuesday . The company traded as low as C$1.34 and last traded at C$1.35. 299,185 shares changed hands during mid-day trading, an increase of 98% from the average session volume of 151,133 shares. The stock had previously closed at C$1.43.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank Of Canada decreased their target price on WildBrain from C$2.50 to C$2.00 and set a “sector perform” rating on the stock in a research report on Tuesday, December 23rd. National Bankshares dropped their price target on WildBrain from C$2.25 to C$2.00 and set a “sector perform” rating for the company in a research report on Tuesday, December 23rd. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, WildBrain has a consensus rating of “Hold” and an average target price of C$2.00.

WildBrain Trading Down 5.6%

The business has a 50 day moving average of C$1.48 and a 200-day moving average of C$1.74. The stock has a market cap of C$288.41 million, a PE ratio of -2.60, a price-to-earnings-growth ratio of 6.85 and a beta of -0.51. The company has a current ratio of 1.70, a quick ratio of 0.88 and a debt-to-equity ratio of -811.30.

WildBrain (TSE:WILD) last released its quarterly earnings results on Thursday, November 13th. The company reported C($0.15) earnings per share for the quarter. WildBrain had a positive return on equity of 3,013.26% and a negative net margin of 38.77%.The company had revenue of C$125.53 million during the quarter. On average, analysts anticipate that WildBrain Ltd. will post 0.0369572 EPS for the current year.

WildBrain Company Profile

WildBrain Ltd is a children’s content and brands company, recognized globally for properties such as Peanuts, Strawberry Shortcake, Caillou, Inspector Gadget, and Degrassi franchise. The company owns the independent library of children’s content. It licenses its content to broadcasters and streaming services worldwide and generates royalties through its consumer products program. It operates through the following segments: the Content Business, CPLG, which manages copyrights, licensing, and brands for third parties and the Television segment.