News Spotlight: Funko, Inc. (NASDAQ:FNKO)

Funko, Inc. (NASDAQ:FNKO) changed -1.75% to recent value of $22.41. The stock transacted 639088 shares during most recent day however it has an average volume of 714.3K shares. It spotted trading -27.99% off 52-week high price. On the other end, the stock has been noted 99.73% away from the low price over the last 52-weeks.

Funko, Inc. (NASDAQ:FNKO), a leading pop culture consumer products company, is now selling a series of books based on its own designs and characters from Wetmore Forest.

In addition to books, Wetmore Pop! and plush merchandise can be shopped in-store at the kids book section and online at Barnes & Noble, Inc., the world’s largest retail booksellers, and The titles now available include, Tumblebee Goes for a Walk, Pickelz Gets lunch, Butterhorn Makes Some Friends and A Tale of Two Tribes. Snuggletooth and the Big Game, Chester and the Big Race and Bugsy Saves the Day will be available in the fall.

Senior Vice President of Global Sales, Johanna Gepford said “We’re thrilled to introduce young readers to the Wetmore Forest family with our first wave of stories”. “Children will be delighted to follow the literary adventures of Tumbleebee, Pickelz and Butterhorn while simultaneously hugging their favorite Wetmore Pop! or plush character.”

Wetmore Forest was created to depict an enchanting forest and encourage exploration and discovery among Funko fans. Funko’s loveable lighthearted Pop! Monsters include Pickelz, Bugsy, Tumblebee, Butterhorn, Snuggletooth, Chester and more.

FNKO has a gross margin of 37.80% and an operating margin of 9.00% while its profit margin remained 1.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained 112.40% for this year while earning per share for the next 5-years is expected to reach at 1.80%.

The company has 50.89M of outstanding shares and 12.57M shares were floated in the market. According to the most recent quarter its current ratio was 1.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of -0.01% from the mean of 20 days, 4.74% from mean of 50 days SMA and performed 18.22% from mean of 200 days price. Company’s performance for the week was -4.84%, 14.63% for month and YTD performance remained 70.42%.

Leave a Reply

Your email address will not be published. Required fields are marked *