WildBrain (TSE:WILD) Stock Price Down 1.1% – Time to Sell?

Shares of WildBrain Ltd. (TSE:WILD) dropped 1.1% during trading on Friday . The company traded as low as C$1.83 and last traded at C$1.83. Approximately 69,336 shares changed hands during mid-day trading, an increase of 38% from the average daily volume of 50,253 shares. The stock had previously closed at C$1.85.

Analysts Set New Price Targets

WILD has been the subject of a number of recent research reports. Royal Bank of Canada increased their price objective on shares of WildBrain from C$2.00 to C$2.50 and gave the company a “sector perform” rating in a report on Thursday, February 13th. National Bankshares raised their price target on shares of WildBrain from C$1.50 to C$1.75 and gave the stock a “sector perform” rating in a report on Wednesday, February 12th.

WildBrain Price Performance

The stock’s fifty day moving average price is C$1.72 and its 200-day moving average price is C$1.41. The firm has a market cap of C$384.06 million, a price-to-earnings ratio of -2.12, a P/E/G ratio of 6.85 and a beta of 0.87. The company has a current ratio of 1.70, a quick ratio of 0.88 and a debt-to-equity ratio of -811.30.

Insider Buying and Selling

In related news, insider Fine Capital Partners, L.P. acquired 69,650 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average price of C$1.57 per share, with a total value of C$109,553.32. In the last quarter, insiders purchased 404,890 shares of company stock valued at $647,687. Company insiders own 1.32% of the company’s stock.

WildBrain Company Profile

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.