Kartoon Studios (NASDAQ:TOON) Stock Jumps 0.3% – Here’s What Happened

Kartoon Studios Inc. (NASDAQ:TOON – Get Free Report) shares were up 0.3% during mid-day trading on Wednesday. The stock traded as high as $0.5229 and last traded at $0.5197. 90,882 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 676,057 shares. The stock had previously closed at $0.5180.

Kartoon Studios Price Performance

The firm has a market capitalization of $32.33 million, a PE ratio of -0.51 and a beta of 2.11. The company’s fifty day simple moving average is $0.57 and its 200-day simple moving average is $0.64.

Kartoon Studios Company Profile

(Get Free Report)

Kartoon Studios, Inc is a global entertainment company that develops, produces and distributes animated and family-oriented content. The company creates original intellectual property for children and families, including television series, digital programming, feature projects, consumer products and licensing opportunities.

Its portfolio has included properties such as Rainbow Rangers, Stan Lee’s Superhero Kindergarten, Llama Llama, Shaq’s Garage and Thomas Edison’s Secret Lab.

Recommended Stories

Receive News & Ratings for Kartoon Studios Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kartoon Studios and related companies with MarketBeat.com's FREE daily email newsletter.