Spin Master (OTCMKTS:SNMSF) Shares Down 0.3% – Time to Sell?

Spin Master Corp. (OTCMKTS:SNMSF)’s stock price dropped 0.3% during mid-day trading on Thursday. The stock traded as low as $14.55 and last traded at $14.59. 78,107 shares traded hands during mid-day trading, an increase of 377% from the average session volume of 16,369 shares. The stock had previously closed at $14.64.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Spin Master in a research report on Friday, July 31st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Spin Master Stock Down 0.3%

The firm has a 50 day moving average price of $14.48 and a 200 day moving average price of $14.16.

About Spin Master

Spin Master Corp. is a Canadian children’s entertainment company that designs, develops, manufactures and markets toys, games and entertainment properties for children and families. Its portfolio includes products across preschool, activity, games, outdoor and digital categories, supported by licensing, content production and interactive experiences.

The company is known for brands such as PAW Patrol, Hatchimals, Kinetic Sand, Air Hogs and Rubik’s. Spin Master also develops animated and other entertainment content, including programming connected with its toy properties, and operates digital games and other interactive offerings.

Spin Master was founded in Toronto in 1994 by Ronnen Harary, Anton Rabie and Ben Varadi.