WildBrain (TSE:WILD) Shares Down 5% – Here’s What Happened

WildBrain Ltd. (TSE:WILD)’s stock price traded down 5% on Thursday . The stock traded as low as C$1.12 and last traded at C$1.15. 111,614 shares were traded during trading, an increase of 93% from the average session volume of 57,890 shares. The stock had previously closed at C$1.21.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lifted their price target on WildBrain from C$1.00 to C$1.40 in a research report on Thursday, September 19th.

WildBrain Stock Performance

The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 246.50. The stock has a fifty day moving average price of C$1.35 and a 200-day moving average price of C$1.20. The firm has a market capitalization of C$237.04 million, a price-to-earnings ratio of -2.25, a PEG ratio of 6.85 and a beta of 0.88.

WildBrain Company Profile

WildBrain Ltd. develops, produces, and distributes films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through two segments, Content and Canadian Television Broadcasting. It focuses on children's and family content, including animated series; provides content production and distribution services; and operates children's ad-supported video-on-demand (AVOD) channels on YouTube and other AVOD platforms.