Spin Master (TSE:TOY) Shares Cross Below Fifty Day Moving Average - Should You Sell?

Spin Master Corp. (TSE:TOY - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$25.17 and traded as low as C$22.33. Spin Master shares last traded at C$23.41, with a volume of 695,261 shares.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TOY. TD Securities lowered their price target on Spin Master from C$38.00 to C$35.00 and set a "buy" rating on the stock in a report on Friday, April 25th. National Bankshares reduced their price objective on shares of Spin Master from C$35.00 to C$32.00 and set a "sector perform" rating for the company in a research report on Wednesday, February 26th. Stifel Nicolaus reduced their price objective on shares of Spin Master from C$45.00 to C$40.00 and set a "buy" rating for the company in a research report on Wednesday, February 26th. Jefferies Financial Group reduced their price objective on shares of Spin Master from C$37.00 to C$32.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Finally, Royal Bank of Canada reduced their price objective on shares of Spin Master from C$43.00 to C$41.00 and set an "outperform" rating for the company in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$37.13.

Spin Master Trading Up 1.6 %

The business has a fifty day moving average price of C$24.65 and a 200 day moving average price of C$29.47. The company has a market capitalization of C$1.79 billion, a PE ratio of 57.70, a P/E/G ratio of 0.57 and a beta of 1.86. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14.

Spin Master Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, April 11th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.97%. The ex-dividend date was Friday, March 28th. Spin Master's dividend payout ratio (DPR) is presently 113.60%.

Insiders Place Their Bets

In other Spin Master news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of C$25.34, for a total transaction of C$31,898.15. 2.20% of the stock is owned by corporate insiders.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.