WildBrain (TSE:WILD) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Shares of WildBrain Ltd. (TSE:WILD) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$1.36 and traded as low as C$1.31. WildBrain shares last traded at C$1.34, with a volume of 24,469 shares.

Analyst Ratings Changes

A number of research firms have recently commented on WILD. Royal Bank Of Canada cut their price objective on WildBrain from C$2.00 to C$1.50 and set a “sector perform” rating for the company in a research report on Thursday, October 1st. ATB Cormark Capital Markets boosted their price target on shares of WildBrain from C$1.35 to C$1.45 and gave the stock a “sector perform” rating in a report on Thursday, October 22nd. Three investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, WildBrain has an average rating of “Hold” and a consensus price target of C$1.65.

WildBrain Trading Down 6.3%

The company has a fifty day moving average of C$1.39 and a 200-day moving average of C$1.36. The company has a current ratio of 1.84, a quick ratio of 0.88 and a debt-to-equity ratio of 23.14. The company has a market capitalization of C$284.12 million, a price-to-earnings ratio of 0.77, a PEG ratio of 6.85 and a beta of -0.90.

WildBrain (TSE:WILD) last announced its earnings results on Thursday, November 12th. The company reported C($0.03) EPS for the quarter. The firm had revenue of C$58.34 million for the quarter. WildBrain had a net margin of 117.80% and a return on equity of 478.35%. As a group, equities research analysts anticipate that WildBrain Ltd. will post 0.04 earnings per share for the current fiscal year.

WildBrain Company Profile

At WildBrain we inspire imaginations through the wonder of storytelling. A leader in 360° franchise management-spanning Content Creation, Audience Engagement and Global Licensing-our mission is to cultivate and grow love for our own and partner brands through exceptional entertainment experiences. Home to such franchises as Peanuts, Teletubbies, Strawberry Shortcake, Yo Gabba Gabba!, Inspector Gadget and Degrassi, we produce such acclaimed series as The Snoopy Show,¿Snoopy in Space,¿Camp Snoopy, Teletubbies Let’s Go!, Yo Gabba GabbaLand!, Sonic Prime and Strawberry Shortcake: Berry in the Big City.