WildBrain (TSE:WILD) Trading Down 5.6% – Here’s What Happened

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

Wall Street Analysts Forecast Growth

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

WildBrain Trading Down 5.6%

The company has a quick ratio of 0.88, a current ratio of 1.70 and a debt-to-equity ratio of -811.30. The business’s fifty day moving average is C$1.48 and its 200-day moving average is C$1.74. The stock has a market capitalization of C$288.41 million, a PE ratio of -2.60, a P/E/G ratio of 6.85 and a beta of -0.51.

WildBrain (TSE:WILD) last posted 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 for the quarter. As a group, analysts anticipate that WildBrain Ltd. will post 0.0369572 EPS for the current fiscal 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.