Shares of DHX Media Ltd (NASDAQ:DHXM) have received a consensus rating of “Buy” from the six ratings firms that are currently covering the stock. Six research analysts have rated the stock with a buy rating. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $9.13.
Separately, B. Riley assumed coverage on shares of DHX Media in a research note on Thursday, March 23rd. They set a “buy” rating for the company. They noted that the move was a valuation call.
DHX Media (NASDAQ:DHXM) traded down 6.6029% during mid-day trading on Tuesday, reaching $4.1501. 1,100 shares of the company were exchanged. DHX Media has a one year low of $3.80 and a one year high of $7.11. The stock has a market capitalization of $555.80 million, a price-to-earnings ratio of 46.6303 and a beta of 1.10. The stock has a 50 day moving average of $4.17 and a 200-day moving average of $4.83.
Several institutional investors have recently bought and sold shares of DHXM. Boothbay Fund Management LLC bought a new position in DHX Media during the fourth quarter valued at about $244,000. Diker Management LLC increased its position in DHX Media by 2.6% in the third quarter. Diker Management LLC now owns 181,400 shares of the company’s stock valued at $950,000 after buying an additional 4,600 shares during the period. Bard Associates Inc. increased its position in DHX Media by 0.8% in the fourth quarter. Bard Associates Inc. now owns 886,275 shares of the company’s stock valued at $4,653,000 after buying an additional 6,700 shares during the period. Finally, Simcoe Capital Management LLC bought a new position in DHX Media during the fourth quarter valued at about $7,865,000.
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DHX Media Company Profile
DHX Media Ltd. is a creator, producer, distributor, licensor and broadcaster of kids and family television and film productions. The Company develops, produces and distributes films and television programs for the domestic and international market, broadcasts films and television programs for the domestic markets, as well, the Company manages copyrights, licensing and brands for third parties.
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