Spin Master (OTCMKTS:SNMSF) Trading 0.7% Higher

Spin Master Corp. (OTCMKTS:SNMSF) shot up 0.7% during mid-day trading on Thursday . The stock traded as high as $22.65 and last traded at $22.65. 25,295 shares were traded during 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 price target on shares of Spin Master from $50.00 to $46.00 and set an “outperform” rating on the stock in a report on Monday, March 18th.

Spin Master Price Performance

The firm has a 50 day moving average of $24.81 and a two-hundred day moving average of $25.18.

Spin Master Increases Dividend

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