WildBrain (TSE:WILD) Trading 3.6% Higher

WildBrain Ltd. (TSE:WILD – Get Rating) traded up 3.6% during mid-day trading on Tuesday . The company traded as high as C$2.90 and last traded at C$2.85. 29,797 shares traded hands during mid-day trading, an increase of 19% from the average session volume of 25,103 shares. The stock had previously closed at C$2.75.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Canaccord Genuity Group reduced their price target on shares of WildBrain from C$3.50 to C$3.25 in a report on Friday, November 11th. BMO Capital Markets reduced their price target on shares of WildBrain from C$3.50 to C$3.00 in a report on Friday, November 11th.

WildBrain Stock Up 3.6 %

The firm has a market capitalization of C$493.38 million and a PE ratio of 57.00. The business’s 50 day simple moving average is C$2.81 and its 200 day simple moving average is C$2.52. The company has a current ratio of 1.32, a quick ratio of 0.88 and a debt-to-equity ratio of 205.01.

Insiders Place Their Bets

In other WildBrain news, Director Eric Ellenbogen sold 15,900 shares of WildBrain stock in a transaction on Thursday, December 8th. The shares were sold at an average price of C$2.65, for a total value of C$42,135.00. Following the completion of the transaction, the director now directly owns 1,275,537 shares of the company’s stock, valued at approximately C$3,380,173.05. In related news, Director Eric Ellenbogen sold 15,900 shares of WildBrain stock in a transaction dated Thursday, December 8th. The shares were sold at an average price of C$2.65, for a total transaction of C$42,135.00. Following the completion of the transaction, the director now directly owns 1,275,537 shares of the company’s stock, valued at approximately C$3,380,173.05. Also, insider Fine Capital Partners, L.P. purchased 9,800 shares of the company’s stock in a transaction that occurred on Wednesday, December 28th. The shares were purchased at an average cost of C$2.82 per share, with a total value of C$27,681.08. Following the completion of the purchase, the insider now owns 37,392,938 shares in the company, valued at approximately C$105,620,092.67. Insiders acquired 970,750 shares of company stock valued at $2,504,333 in the last three months.

WildBrain Company Profile

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WildBrain Ltd. develops, produces, and distributes films and television programs worldwide. The company operates through two segments, Content Business and Canadian Television Broadcasting. It focuses on children's and family content, including animated series; and provides production services, as well as operates children's ad-supported video-on-demand (AVOD) channels on YouTube and other AVOD platforms.