WildBrain (OTCMKTS:WLDBF) Shares Down 9% – Here’s What Happened

WildBrain Ltd. (OTCMKTS:WLDBF) dropped 9% on Tuesday . The stock traded as low as $0.95 and last traded at $1.0370. Approximately 141,478 shares were traded during trading, an increase of 40% from the average daily volume of 100,973 shares. The stock had previously closed at $1.14.

Analyst Upgrades and Downgrades

Separately, National Bankshares reaffirmed a “sector perform” rating on shares of WildBrain in a research note on Monday, September 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

WildBrain Trading Down 9.0%

The firm’s fifty day moving average is $1.08 and its 200 day moving average is $1.25.

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.