Shares of DHX Media Ltd. (TSE:DHX) fell 10.8% on Tuesday . The stock traded as low as C$2.20 and last traded at C$2.22. 99,050 shares traded hands during trading, a decline of 72% from the average session volume of 351,975 shares. The stock had previously closed at C$2.49.

A number of brokerages recently weighed in on DHX. B. Riley lowered shares of DHX Media from a “buy” rating to a “neutral” rating in a report on Monday, November 26th. National Bank Financial lowered shares of DHX Media from a “sector perform” rating to an “underperform” rating and set a C$2.75 price target on the stock. in a research note on Monday, December 10th. CIBC lowered shares of DHX Media from a “neutral” rating to an “underperform” rating and boosted their price objective for the stock from C$2.00 to C$2.50 in a research note on Wednesday, November 14th. Royal Bank of Canada lifted their target price on shares of DHX Media from C$2.00 to C$3.00 and gave the stock a “sector perform” rating in a report on Wednesday, November 14th. Finally, TD Securities boosted their price objective on shares of DHX Media from C$1.50 to C$2.75 and gave the company a “hold” rating in a report on Wednesday, November 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. DHX Media currently has an average rating of “Hold” and an average target price of C$2.88.

The company has a market cap of $341.25 million and a price-to-earnings ratio of -12.30. The company has a debt-to-equity ratio of 108.84, a quick ratio of 1.03 and a current ratio of 1.71.

DHX Media (TSE:DHX) last posted its quarterly earnings data on Tuesday, November 13th. The company reported C($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.05) by C$0.03. The company had revenue of C$104.04 million for the quarter, compared to analysts’ expectations of C$95.20 million. As a group, equities analysts predict that DHX Media Ltd. will post 0.01 EPS for the current fiscal year.

In other news, insider Fine Capital Partners, L.P. bought 16,260 shares of the firm’s stock in a transaction that occurred on Monday, December 3rd. The shares were bought at an average cost of C$2.73 per share, with a total value of C$44,389.80. Also, Director Deborah Ann Drisdell acquired 15,700 shares of DHX Media stock in a transaction on Friday, November 16th. The shares were bought at an average cost of C$2.85 per share, for a total transaction of C$44,745.00. Insiders bought 1,116,270 shares of company stock valued at $2,709,117 in the last quarter.

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DHX Media Company Profile (TSE:DHX)

DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company operates through three segments: Content Business, DHX Television, and Consumer Products Represented.

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