WildBrain Ltd. (TSE:WILD – Get Free Report) shares dropped 7.7% during trading on Tuesday . The company traded as low as C$1.19 and last traded at C$1.20. Approximately 19,852 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 59,963 shares. The stock had previously closed at C$1.30.
Analyst Upgrades and Downgrades
WILD has been the subject of a number of analyst reports. National Bankshares decreased their price objective on shares of WildBrain from C$1.40 to C$1.20 and set a “sector perform” rating for the company in a research report on Monday, May 13th. Canaccord Genuity Group cut shares of WildBrain from a “speculative buy” rating to a “hold” rating and cut their target price for the stock from C$2.00 to C$1.00 in a research note on Monday, May 13th.
View Our Latest Stock Report on WildBrain
WildBrain Stock Down 1.5 %
About WildBrain
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.
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