The stock of Kartoon Studios Inc (TOON) has gone down by -10.17% for the week, with a -9.83% drop in the past month and a -25.81% drop in the past quarter. The volatility ratio for the week is 7.40%, and the volatility levels for the past 30 days are 6.08% for TOON. The simple moving average for the past 20 days is -9.22% for TOON’s stock, with a -34.40% simple moving average for the past 200 days.
Is It Worth Investing in Kartoon Studios Inc (AMEX: TOON) Right Now?
The 36-month beta value for TOON is at 2.77. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for TOON is 36.93M, and currently, shorts hold a 4.86% of that float. The average trading volume for TOON on November 26, 2024 was 113.77K shares.
TOON) stock’s latest price update
The stock price of Kartoon Studios Inc (AMEX: TOON) has dropped by -11.21 compared to previous close of 0.78. Despite this, the company has seen a fall of -10.17% in its stock price over the last five trading days. globenewswire.com reported 2024-11-14 that 80% YEAR-OVER-YEAR REDUCTION IN LOSSES; COMPANY POISED FOR CONTINUED REVENUE GROWTH AND REACHING SUSTAINED PROFITABILITY IN 2025 WITH REBOUND IN ANIMATION PRODUCTION PIPELINE AND CONTINUING PROFIT IN CHILDREN’S CHANNEL SYSTEM
TOON Trading at -13.12% from the 50-Day Moving Average
After a stumble in the market that brought TOON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.67% of loss for the given period.
Volatility was left at 6.08%, however, over the last 30 days, the volatility rate increased by 7.40%, as shares sank -9.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.86% lower at present.
During the last 5 trading sessions, TOON fell by -10.17%, which changed the moving average for the period of 200-days by -45.67% in comparison to the 20-day moving average, which settled at $0.7601. In addition, Kartoon Studios Inc saw -50.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TOON
Current profitability levels for the company are sitting at:
- -0.61 for the present operating margin
- 0.25 for the gross margin
The net margin for Kartoon Studios Inc stands at -1.15. The total capital return value is set at -0.36. Equity return is now at value -64.48, with -32.76 for asset returns.
Based on Kartoon Studios Inc (TOON), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is -17.99.
Currently, EBITDA for the company is -68.9 million with net debt to EBITDA at -0.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 2.67for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.
Conclusion
In conclusion, Kartoon Studios Inc (TOON) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
