Geode Capital Management LLC Has $318,000 Holdings in Kartoon Studios Inc. (NASDAQ:TOON)

Geode Capital Management LLC increased its position in shares of Kartoon Studios Inc. (NASDAQ:TOON) by 9.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 367,297 shares of the company’s stock after buying an additional 32,428 shares during the period. Geode Capital Management LLC owned 0.93% of Kartoon Studios worth $318,000 at the end of the most recent reporting period.

Kartoon Studios Stock Down 4.6 %

Shares of NASDAQ TOON opened at $0.52 on Tuesday. Kartoon Studios Inc. has a twelve month low of $0.46 and a twelve month high of $2.01. The firm has a fifty day simple moving average of $0.65 and a 200 day simple moving average of $0.80. The company has a market capitalization of $20.45 million, a PE ratio of -0.51 and a beta of 2.78.

Kartoon Studios Profile

Kartoon Studios Inc, a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children worldwide. The company offers Shaq’s Garage, a children’s animated series about the secret adventures; Cocomelon that provides 3D animation videos of traditional nursery rhymes and children’s songs; Eggventurers, a preschool animated series; Barbie Productions that provides animated Barbie series; Octonauts, a children’s television series based on the children’s books; Roblox Rumble, an elimination-style competitive reality series; and Spin Master Productions.