Kartoon Studios Inc (TOON) Down -67.67% From Its 52-Week High, But Growth Potential Is Changing Over Time

Kartoon Studios Inc (AMEX:TOON) currently has a daily average trading volume of 404.32K but it saw 1414696 shares traded in last market. With a market cap of 28.61M USD, the company’s current market price of $0.65 came rising about 3.65 while comparing to the previous closing price of $0.63. 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.

Taking a look at 20-day trading activity of Kartoon Studios Inc (TOON) gives us an average price of $0.5527, while its current price level is -67.67% below from 52-week high level whereas it is 41.25% 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 $0.5629 while that of 200 days or SMA-200 reads an average of $0.8146. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.16% during that period while stretching the period over a month that decreases to 7.77%. 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 67.39 which implies that the stock is in neutral territory.

Over the week, TOON’s stock price is moving 15.31% up while it is 27.33% when we observe its performance for the past one month. Year-to-date it is 10.15% up and over the past year, the stock is showing a downside performance of -57.52%.

The company is expected to be releasing its next quarterly report in March, 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 with 6.24% of that held by the insiders while 19.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -77.46% and return on equity (ROE) at -64.48%. Stock’s beta reads 2.81. Stock has a price to book (P/B) ratio of 0.62 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is -32.76% on average.