Spin Master (OTCMKTS:SNMSF) Trading Up 0.7%

Spin Master Corp. (OTCMKTS:SNMSF)’s share price traded up 0.7% during mid-day trading on Thursday . The company traded as high as $22.65 and last traded at $22.65. 25,295 shares were traded during mid-day trading, an increase of 634% from the average session volume of 3,445 shares. The stock had previously closed at $22.50.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada cut their target price on shares of Spin Master from $50.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, March 18th.

Spin Master Stock Performance

The company has a 50-day moving average of $24.81 and a 200 day moving average of $25.18.

Spin Master Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 28th were given a $0.0442 dividend. This represents a dividend yield of 0.72%. This is a boost from Spin Master’s previous dividend of $0.04. The ex-dividend date was Wednesday, March 27th.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.