Echelon Wealth Partners set a $3.00 target price on DHX Media (NASDAQ:DHXM) in a report published on Tuesday, TipRanks reports. The firm currently has a buy rating on the stock.
Separately, B. Riley restated a buy rating on shares of DHX Media in a research note on Tuesday, May 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of $3.00.
DHXM traded up $0.01 on Tuesday, reaching $1.31. The company had a trading volume of 125,047 shares, compared to its average volume of 110,928. DHX Media has a 1 year low of $0.80 and a 1 year high of $2.78. The stock has a market capitalization of $176.69 million, a PE ratio of 43.67 and a beta of 0.96. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.96. The stock has a 50-day moving average price of $1.33 and a 200-day moving average price of $1.47.
A number of large investors have recently added to or reduced their stakes in the stock. Primecap Management Co. CA bought a new position in DHX Media in the 2nd quarter valued at $9,870,000. Citadel Advisors LLC bought a new stake in shares of DHX Media during the second quarter worth $31,000. D. E. Shaw & Co. Inc. grew its holdings in shares of DHX Media by 8.2% during the second quarter. D. E. Shaw & Co. Inc. now owns 307,100 shares of the company’s stock worth $436,000 after purchasing an additional 23,300 shares during the last quarter. Lido Advisors LLC increased its stake in shares of DHX Media by 2.5% in the second quarter. Lido Advisors LLC now owns 411,297 shares of the company’s stock valued at $600,000 after buying an additional 10,000 shares in the last quarter. Finally, Perritt Capital Management Inc. acquired a new stake in shares of DHX Media in the second quarter valued at $467,000. Hedge funds and other institutional investors own 39.74% of the company’s stock.
DHX Media Company Profile
DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company operates through three segments: Content Business, DHX Television, and Consumer Products Represented.
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