WildBrain (TSE:WILD) Shares Up 40% – What’s Next?

WildBrain Ltd. (TSE:WILD)’s share price shot up 40% on Friday . The company traded as high as C$2.23 and last traded at C$2.10. 595,268 shares changed hands during mid-day trading, an increase of 845% from the average session volume of 63,009 shares. The stock had previously closed at C$1.50.

Wall Street Analyst Weigh In

Separately, National Bankshares upped their price target on WildBrain from C$1.75 to C$2.25 and gave the stock a “sector perform” rating in a research note on Monday, September 29th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, WildBrain presently has an average rating of “Hold” and an average target price of C$2.38.

WildBrain Price Performance

The company has a debt-to-equity ratio of -811.30, a current ratio of 1.70 and a quick ratio of 0.88. The company has a market cap of C$395.22 million, a PE ratio of -3.56, a P/E/G ratio of 6.85 and a beta of -0.54. The company has a 50-day moving average price of C$1.45 and a two-hundred day moving average price of C$1.80.

WildBrain (TSE:WILD) last announced its earnings results on Thursday, November 13th. The company reported C($0.15) EPS for the quarter. The company had revenue of C$125.53 million for the quarter. WildBrain had a negative net margin of 38.77% and a positive return on equity of 3,013.26%. Sell-side analysts expect that WildBrain Ltd. will post 0.0369572 earnings per share for the current fiscal year.

About WildBrain

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. It operates through the following segments: the Content Business, CPLG, which manages copyrights, licensing, and brands for third parties and the Television segment.