Kartoon Studios Inc. (NASDAQ:TOON – Get Free Report) shares shot up 0.3% on Wednesday. The stock traded as high as $0.5229 and last traded at $0.5197. Approximately 90,882 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 676,057 shares. The stock had previously closed at $0.5180.
Kartoon Studios Stock Up 0.3%
The stock has a market capitalization of $32.33 million, a P/E ratio of -0.51 and a beta of 2.11. The stock’s 50 day moving average price is $0.57 and its 200-day moving average price is $0.64.
About Kartoon Studios
Kartoon Studios, Inc is a global entertainment company that develops, produces and distributes animated and family-oriented content. The company creates original intellectual property for children and families, including television series, digital programming, feature projects, consumer products and licensing opportunities.
Its portfolio has included properties such as Rainbow Rangers, Stan Lee’s Superhero Kindergarten, Llama Llama, Shaq’s Garage and Thomas Edison’s Secret Lab.
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