WildBrain (TSE:WILD) Shares Break Above 200-Day Moving Average – Here’s What Happened

Shares of WildBrain Ltd. (TSE:WILD) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$1.36 and traded as high as C$1.61. WildBrain shares last traded at C$1.51, with a volume of 338,561 shares.

Analysts Set New Price Targets

WILD has been the subject of several analyst reports. Royal Bank Of Canada cut their price target on WildBrain from C$2.00 to C$1.50 and set a “sector perform” rating for the company in a report on Thursday, October 1st. ATB Cormark Capital Markets raised their price objective on WildBrain from C$1.35 to C$1.45 and gave the stock a “sector perform” rating in a report on Thursday, October 22nd. Three investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$1.65.

WildBrain Stock Performance

The firm has a market capitalization of C$320.17 million, a price-to-earnings ratio of 0.87, a price-to-earnings-growth ratio of 6.85 and a beta of -0.74. The company has a debt-to-equity ratio of 23.14, a quick ratio of 0.88 and a current ratio of 1.84. The stock’s fifty day moving average is C$1.42 and its two-hundred day moving average is C$1.36.

WildBrain (TSE:WILD) last posted its quarterly earnings data on Thursday, September 24th. The company reported C($0.05) earnings per share for the quarter. The firm had revenue of C$54.97 million during the quarter. WildBrain had a net margin of 117.80% and a return on equity of 478.35%. Analysts forecast that WildBrain Ltd. will post 0.04 earnings per share for the current year.

WildBrain Company Profile

At WildBrain we inspire imaginations through the wonder of storytelling. A leader in 360° franchise management-spanning Content Creation, Audience Engagement and Global Licensing-our mission is to cultivate and grow love for our own and partner brands through exceptional entertainment experiences. Home to such franchises as Peanuts, Teletubbies, Strawberry Shortcake, Yo Gabba Gabba!, Inspector Gadget and Degrassi, we produce such acclaimed series as The Snoopy Show,¿Snoopy in Space,¿Camp Snoopy, Teletubbies Let’s Go!, Yo Gabba GabbaLand!, Sonic Prime and Strawberry Shortcake: Berry in the Big City.