Spin Master (OTCMKTS:SNMSF) Shares Down 1.4% – What’s Next?

Spin Master Corp. (OTCMKTS:SNMSF)’s share price fell 1.4% on Thursday. The company traded as low as $15.34 and last traded at $15.34. Approximately 5,454 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 16,302 shares. The stock had previously closed at $15.56.

Analyst Upgrades and Downgrades

Separately, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Spin Master in a research note on Friday, July 31st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Spin Master has a consensus rating of “Moderate Buy”.

Spin Master Stock Down 1.4%

The firm has a 50 day simple moving average of $14.62 and a two-hundred day simple moving average of $14.24.

About Spin Master

Spin Master Corp. is a Canadian global children’s entertainment company that develops, manufactures and markets toys, games and entertainment properties. Its portfolio includes products for infants, preschoolers and older children, spanning categories such as interactive toys, outdoor play, plush, games, puzzles, collectibles and construction. The company’s brands and franchises include PAW Patrol, Hatchimals, Kinetic Sand, Air Hogs, Rubik’s and Melissa & Doug. Spin Master also creates and distributes animated and live-action entertainment, digital games and other content, and supports its intellectual properties through licensing and merchandising partnerships.