Spin Master (OTCMKTS:SNMSF) Stock Price Up 0.7%

Spin Master Corp. (OTCMKTS:SNMSF)’s stock price rose 0.7% during mid-day trading on Thursday . The company traded as high as $22.65 and last traded at $22.65. Approximately 25,295 shares traded hands during mid-day trading, an increase of 634% from the average daily volume of 3,445 shares. The stock had previously closed at $22.50.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada reduced their price objective on Spin Master from $50.00 to $46.00 and set an “outperform” rating on the stock in a research note on Monday, March 18th.

Spin Master Trading Down 1.7 %

The stock has a fifty day moving average of $24.74 and a 200-day moving average of $25.16.

Spin Master Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 28th were issued a dividend of $0.0442 per share. The ex-dividend date was Wednesday, March 27th. This represents a yield of 0.72%. This is a boost from Spin Master’s previous dividend of $0.04.

About Spin Master

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.