Is Kartoon Studios Inc (AMEX: TOON) Still A Buy After A -5.69% Weekly Drop?

IPW

During the last session, Kartoon Studios Inc (AMEX:TOON)’s traded shares were 0.5 million, with the beta value of the company hitting 1.78. At the end of the trading day, the stock’s price was $0.61, reflecting an intraday loss of -4.29% or -$0.03. The 52-week high for the TOON share is $1.12, that puts it down -83.61 from that peak though still a striking 24.59% gain since the share price plummeted to a 52-week low of $0.46. The company’s market capitalization is $29.30M, and the average trade volume was 208.14K shares over the past three months.

Kartoon Studios Inc (AMEX:TOON) trade information

Kartoon Studios Inc (TOON) registered a -4.29% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.29% in intraday trading to $0.61, hitting a weekly high. The stock’s 5-day price performance is -5.69%, and it has moved by 6.89% in 30 days. Based on these gigs, the overall price performance for the year is -42.71%.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 46.64%.

TOON Dividends

Kartoon Studios Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 0.51 million shares, is of BLACKROCK INC.’s that is approximately 1.3398% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.53 million.

Also, the Mutual Funds coming in first place with the largest holdings of Kartoon Studios Inc (TOON) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 940.0 shares. This amounts to just over 2.93 percent of the company’s overall shares, with a $0.58 million market value. The same data shows that the other fund manager holds slightly less at 445.65, or about 1.39% of the stock, which is worth about $0.27 million.