Spotting A Winner: Kartoon Studios Inc (AMEX: TOON) Retreats -3.06 And It Still Have Room To Run

Kartoon Studios Inc (AMEX:TOON) currently has a daily average trading volume of 357.60K but it saw 118992 shares traded in last market. With a market cap of 25.09M USD, the company’s current market price of $0.57 came falling about -3.06 while comparing to the previous closing price of $0.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.01 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.55 while lowest mark touched by it was $0.6099.

Taking a look at 20-day trading activity of Kartoon Studios Inc (TOON) gives us an average price of $0.5828, while its current price level is -71.64% below from 52-week high level whereas it is 23.89% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6670 while that of 200 days or SMA-200 reads an average of $0.9251. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.98% during that period while stretching the period over a month that increases to 11.82%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.58 which implies that the stock is in neutral territory.

Over the week, TOON’s stock price is moving -3.39% down while it is -8.93% when we observe its performance for the past one month. Year-to-date it is -3.39% down and over the past year, the stock is showing a downside performance of -57.78%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Kartoon Studios Inc’s total number of outstanding shares is 44.01M. Company’s return on investment (ROI) stands at -77.46% and return on equity (ROE) at -64.48%. Stock’s beta reads 2.76. Stock has a price to book (P/B) ratio of 0.55 while price to sale or P/S ratio amounts to 0.79. Its return on asset (ROA) is -32.76% on average.