WildBrain (TSE:WILD) Reaches New 1-Year High – Still a Buy?

WildBrain Ltd. (TSE:WILD)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$2.00 and last traded at C$1.95, with a volume of 40805 shares changing hands. The stock had previously closed at C$1.91.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WILD. National Bankshares increased their target price on WildBrain from C$1.50 to C$1.75 and gave the stock a “sector perform” rating in a research report on Wednesday, February 12th. Royal Bank of Canada upped their price objective on WildBrain from C$2.00 to C$2.50 and gave the company a “sector perform” rating in a research report on Thursday, February 13th.

WildBrain Price 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 fifty day simple moving average of C$1.77 and a 200-day simple moving average of C$1.45. The firm has a market cap of C$405.05 million, a P/E ratio of -2.24, a price-to-earnings-growth ratio of 6.85 and a beta of 0.87.

Insider Activity

In related news, insider Fine Capital Partners, L.P. bought 271,100 shares of the stock in a transaction dated Monday, December 30th. The shares were purchased at an average price of C$1.63 per share, with a total value of C$442,031.80. Insiders own 1.32% of the company’s stock.

About WildBrain

WildBrain Ltd. engages in the development, production, and distribution of films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through three segments: Content and Licensing; Global Licensing; and Canadian Television Broadcasting. It focuses on children’s and family content, including animated series; provides content production and distribution services; and sells advertising ad-supported video-on-demand (AVOD) platforms.