WildBrain (TSE:WILD) Reaches New 12-Month Low - Here's What Happened

Key Points

• WildBrain hit a new 52-week low of C$1.22 on Friday, trading on volume of 53,615 shares and down about 2.4% from the prior close of C$1.25.
• Analysts at National Bank Financial and RBC cut their price targets to C$2.00 and maintain "sector perform" ratings; the consensus is a Hold with an average target of C$2.00.
• Fundamentals show a market cap of roughly C$260.7M, a negative P/E of -7.18 and a markedly unusual debt-to-equity of -511.40, with the stock trading below its 50-day (C$1.38) and 200-day (C$1.57) moving averages.

WildBrain Ltd. (TSE:WILD - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The company traded as low as C$1.22 and last traded at C$1.22, with a volume of 53615 shares. The stock had previously closed at C$1.25.

Wall Street Analysts Forecast Growth

WILD has been the subject of a number of research analyst reports. National Bank Financial reduced their target price on WildBrain from C$2.25 to C$2.00 and set a "sector perform" rating for the company in a report on Tuesday, December 23rd. Royal Bank Of Canada reduced their price objective on WildBrain from C$2.50 to C$2.00 and set a "sector perform" rating for the company in a research note on Tuesday, December 23rd. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of C$2.00.

WildBrain Stock Down 2.4%

The business's 50 day simple moving average is C$1.38 and its 200-day simple moving average is C$1.57. The company has a debt-to-equity ratio of -511.40, a quick ratio of 0.88 and a current ratio of 2.58. The company has a market cap of C$260.66 million, a price-to-earnings ratio of -7.18, a price-to-earnings-growth ratio of 6.85 and a beta of -0.69.

About WildBrain

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.

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