WildBrain (TSE:WILD) Reaches New 12-Month High – Still a Buy?

WildBrain Ltd. (TSE:WILD) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$2.00 and last traded at C$1.95, with a volume of 40805 shares trading hands. The stock had previously closed at C$1.91.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WILD shares. Royal Bank of Canada increased their price target on shares of WildBrain from C$2.00 to C$2.50 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. National Bankshares upped their price objective on WildBrain from C$1.50 to C$1.75 and gave the company a “sector perform” rating in a research note on Wednesday, February 12th.

WildBrain Stock Up 1.6 %

The stock’s fifty day simple moving average is C$1.75 and its two-hundred day simple moving average is C$1.44. The company has a debt-to-equity ratio of -811.30, a current ratio of 1.70 and a quick ratio of 0.88. The company has a market capitalization of C$407.15 million, a price-to-earnings ratio of -2.25, a PEG ratio of 6.85 and a beta of 0.87.

Insider Activity at WildBrain

In related news, insider Fine Capital Partners, L.P. bought 271,100 shares of the company’s stock in a transaction on Monday, December 30th. The shares were purchased at an average cost of C$1.63 per share, with a total value of C$442,031.80. 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.