WildBrain (TSE:WILD) Reaches New 52-Week High After Analyst Upgrade

WildBrain Ltd. (TSE:WILD) shares reached a new 52-week high during mid-day trading on Friday after National Bankshares raised their price target on the stock from C$1.25 to C$1.50. National Bankshares currently has a sector perform rating on the stock. WildBrain traded as high as C$1.55 and last traded at C$1.53, with a volume of 227162 shares trading hands. The stock had previously closed at C$1.48.

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

WildBrain Trading Up 3.4 %

The company has a fifty day simple moving average of C$1.13 and a 200-day simple moving average of C$1.21. The stock has a market cap of C$315.36 million, a price-to-earnings ratio of -3.00, a P/E/G ratio of 6.85 and a beta of 0.87. The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 246.50.

About WildBrain

WildBrain Ltd. engages in the development, production, and distribution of films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through three segments: Content and Licensing; Global Licensing; and Canadian Television Broadcasting. It focuses on children’s and family content, including animated series; provides content production and distribution services; and sells advertising ad-supported video-on-demand (AVOD) platforms.