WildBrain (TSE:WILD) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

WildBrain Ltd. (TSE:WILD)’s stock price 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.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on WILD shares. Royal Bank Of Canada lowered 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 upped their price target on WildBrain from C$1.35 to C$1.45 and gave the company a “sector perform” rating in a research report on Thursday, October 22nd. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$1.65.

WildBrain Stock Up 11.9%

The firm has a 50 day simple moving average of C$1.42 and a two-hundred day simple moving average of C$1.36. 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 has a market cap of C$320.17 million, a P/E ratio of 0.87, a P/E/G ratio of 6.85 and a beta of -0.74.

WildBrain (TSE:WILD) last released its quarterly earnings results on Thursday, September 24th. The company reported C($0.05) earnings per share (EPS) for the quarter. The business had revenue of C$54.97 million during the quarter. WildBrain had a return on equity of 478.35% and a net margin of 117.80%. Equities research analysts predict that WildBrain Ltd. will post 0.04 earnings per share for the current year.

About WildBrain

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.