Additionally, the 36-month beta value for TOON is 2.74. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for TOON is 36.92M and currently, short sellers hold a 6.02% ratio of that float. The average trading volume of TOON on December 11, 2024 was 189.17K shares.
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TOON) stock’s latest price update
Kartoon Studios Inc (AMEX: TOON)’s stock price has decreased by -11.04 compared to its previous closing price of 0.60. However, the company has seen a -14.52% decrease in its stock price over the last five trading sessions. 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’s Market Performance
Kartoon Studios Inc (TOON) has experienced a -14.52% fall in stock performance for the past week, with a -32.59% drop in the past month, and a -38.74% drop in the past quarter. The volatility ratio for the week is 9.75%, and the volatility levels for the past 30 days are at 8.75% for TOON. The simple moving average for the past 20 days is -23.13% for TOON’s stock, with a -47.05% simple moving average for the past 200 days.
TOON Trading at -28.38% 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 -73.63% of loss for the given period.
Volatility was left at 8.75%, however, over the last 30 days, the volatility rate increased by 9.75%, as shares sank -32.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.03% lower at present.
During the last 5 trading sessions, TOON fell by -11.29%, which changed the moving average for the period of 200-days by -65.19% in comparison to the 20-day moving average, which settled at $0.6905. In addition, Kartoon Studios Inc saw -61.87% 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 1.09. 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 seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as 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.
