WildBrain (TSE:WILD) Shares Up 5% - Here's Why

WildBrain Ltd. (TSE:WILD - Get Free Report) shot up 5% during mid-day trading on Tuesday . The company traded as high as C$1.68 and last traded at C$1.68. 9,400 shares were traded during mid-day trading, a decline of 76% from the average session volume of 38,495 shares. The stock had previously closed at C$1.60.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WILD. Royal Bank of Canada lifted their price objective on WildBrain from C$2.00 to C$2.50 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. National Bankshares increased their price objective on shares of WildBrain from C$1.50 to C$1.75 and gave the company a "sector perform" rating in a research report on Wednesday, February 12th.

WildBrain Stock Performance

The company has a quick ratio of 0.88, a current ratio of 1.70 and a debt-to-equity ratio of -811.30. The company has a market cap of C$388.26 million, a P/E ratio of -2.15, a PEG ratio of 6.85 and a beta of 0.87. The firm has a 50 day moving average of C$1.77 and a 200-day moving average of C$1.56.

WildBrain Company Profile

WildBrain Ltd is a children's content and brands company, recognized globally for properties such as Peanuts, Strawberry Shortcake, Caillou, Inspector Gadget, and Degrassi franchise. The company owns the independent library of children's content. It licenses its content to broadcasters and streaming services worldwide and generates royalties through its consumer products program.