WildBrain (OTCMKTS:WLDBF) Shares Down 7.1% – Should You Sell?
by Tristan Rich · The Markets DailyWildBrain Ltd. (OTCMKTS:WLDBF – Get Free Report) shares traded down 7.1% on Tuesday . The stock traded as low as $1.30 and last traded at $1.30. 3,146,150 shares traded hands during mid-day trading, an increase of 2,910% from the average session volume of 104,526 shares. The stock had previously closed at $1.40.
Wall Street Analyst Weigh In
Separately, National Bankshares reissued a “sector perform” rating on shares of WildBrain in a report on Monday, September 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on WildBrain
WildBrain Stock Performance
The firm’s fifty day simple moving average is $1.05 and its 200 day simple moving average is $1.30.
About WildBrain
WildBrain Inc, formerly known as DHX Media, is a global media, brand management and entertainment company focused on children’s content and family programming. Headquartered in Vancouver, Canada, WildBrain develops, produces and distributes a library of more than 20,000 half-hours of content, spanning classic animated series, live-action programming and original digital-first productions. The company rebranded to WildBrain in 2019 to align its production, distribution and consumer products divisions under a unified identity.
WildBrain’s core business activities include content creation, distribution, brand licensing and digital monetization.