Spin Master Corp. (TSE:TOY - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$23.79 and traded as low as C$23.14. Spin Master shares last traded at C$23.55, with a volume of 116,402 shares.
Analyst Ratings Changes
A number of research firms have recently weighed in on TOY. Canaccord Genuity Group lowered shares of Spin Master from a "buy" rating to a "hold" rating and cut their price objective for the company from C$35.00 to C$26.00 in a research report on Friday, May 2nd. Jefferies Financial Group lowered their target price on shares of Spin Master from C$37.00 to C$32.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Cibc World Mkts raised Spin Master to a "hold" rating in a research note on Tuesday, June 3rd. TD Securities decreased their price objective on Spin Master from C$35.00 to C$32.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, CIBC set a C$28.00 price objective on Spin Master and gave the company a "neutral" rating in a research report on Tuesday, June 3rd. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Spin Master currently has an average rating of "Moderate Buy" and a consensus price target of C$32.63.
Check Out Our Latest Stock Analysis on TOY
Spin Master Stock Performance
The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61. The firm has a market cap of C$1.72 billion, a PE ratio of 55.64, a P/E/G ratio of 0.57 and a beta of 1.86. The stock's 50 day moving average price is C$23.83 and its 200 day moving average price is C$27.75.
Spin Master Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, July 11th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.04%. The ex-dividend date is Friday, June 27th. Spin Master's dividend payout ratio (DPR) is presently 113.60%.
Insiders Place Their Bets
In other news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of Spin Master stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15. 2.20% of the stock is currently owned by insiders.
Spin Master Company Profile
(
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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.
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