WildBrain (OTCMKTS:WLDBF) Trading Down 7.1% – Should You Sell?

Shares of WildBrain Ltd. (OTCMKTS:WLDBF) were down 7.1% on Tuesday . The stock traded as low as $1.30 and last traded at $1.30. Approximately 3,146,150 shares traded hands during trading, an increase of 2,910% from the average daily volume of 104,526 shares. The stock had previously closed at $1.40.

Analysts Set New Price Targets

Separately, National Bankshares restated a “sector perform” rating on shares of WildBrain in a research report on Monday, September 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

WildBrain Stock Down 7.1%

The business’s 50-day moving average price is $1.05 and its 200-day moving average price is $1.30.

About WildBrain

WildBrain Inc, formerly known as DHX Media, is a global media, brand management and entertainment company focused on children’s content and family programming. Headquartered in Vancouver, Canada, WildBrain develops, produces and distributes a library of more than 20,000 half-hours of content, spanning classic animated series, live-action programming and original digital-first productions. The company rebranded to WildBrain in 2019 to align its production, distribution and consumer products divisions under a unified identity.

WildBrain’s core business activities include content creation, distribution, brand licensing and digital monetization.