WildBrain (TSE:WILD) Sets New 52-Week High – Should You Buy?

WildBrain Ltd. (TSE:WILD)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as C$1.66 and last traded at C$1.62, with a volume of 131501 shares trading hands. The stock had previously closed at C$1.65.

Analyst Ratings Changes

WILD has been the topic of several research reports. Canaccord Genuity Group boosted their price target on WildBrain from C$1.00 to C$1.40 in a report on Thursday, September 19th. National Bankshares increased their price objective on WildBrain from C$1.25 to C$1.50 and gave the company a “sector perform” rating in a report on Thursday, December 19th.

WildBrain Stock Down 1.8 %

The stock’s 50-day simple moving average is C$1.17 and its 200 day simple moving average is C$1.23. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 246.50. The firm has a market cap of C$333.91 million, a P/E ratio of -3.18, a PEG ratio of 6.85 and a beta of 0.87.

Insiders Place Their Bets

In related news, insider Fine Capital Partners, L.P. purchased 64,140 shares of WildBrain stock in a transaction on Friday, December 20th. The stock was acquired at an average cost of C$1.50 per share, for a total transaction of C$96,102.24. 1.32% of the stock is currently owned by corporate insiders.

About WildBrain

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.