WildBrain (TSE:WILD) Trading Down 4.3% – Here’s What Happened

WildBrain Ltd. (TSE:WILD)’s stock price traded down 4.3% during mid-day trading on Wednesday . The stock traded as low as C$1.33 and last traded at C$1.33. 62,521 shares changed hands during trading, a decline of 46% from the average session volume of 116,137 shares. The stock had previously closed at C$1.39.

Analyst Ratings Changes

A number of research firms have commented on WILD. Royal Bank Of Canada reduced their price target 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 lowered their price objective 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 research analysts have rated the stock with a Hold rating, According to data from MarketBeat, WildBrain currently has an average rating of “Hold” and an average target price of C$2.00.

WildBrain Stock Performance

The stock has a market capitalization of C$284.13 million, a P/E ratio of -2.56, a price-to-earnings-growth ratio of 6.85 and a beta of -0.59. The company has a current ratio of 1.70, a quick ratio of 0.88 and a debt-to-equity ratio of -811.30. The company has a 50-day moving average price of C$1.50 and a two-hundred day moving average price of C$1.67.

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