Glacier Media (TSE:GVC) Sets New 1-Year High – What’s Next?

Glacier Media Inc. (TSE:GVC) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.38 and last traded at C$0.38, with a volume of 3000 shares. The stock had previously closed at C$0.38.

Glacier Media Stock Down 3.9%

The company has a current ratio of 0.78, a quick ratio of 1.23 and a debt-to-equity ratio of 21.58. The firm has a market capitalization of C$47.86 million, a P/E ratio of 2.45 and a beta of 0.58. The stock’s 50-day simple moving average is C$0.36 and its 200-day simple moving average is C$0.34.

Glacier Media (TSE:GVC) last posted its quarterly earnings data on Tuesday, August 4th. The company reported C$0.04 earnings per share (EPS) for the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. The business had revenue of C$30.23 million during the quarter. As a group, research analysts predict that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Mark Thomas Melville purchased 95,500 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average price of C$0.34 per share, with a total value of C$32,470.00. Following the transaction, the insider directly owned 359,864 shares of the company’s stock, valued at approximately C$122,353.76. This represents a 36.12% increase in their ownership of the stock. 61.79% of the stock is currently owned by insiders.

Glacier Media Company Profile

Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company’s business to business content, marketing solutions and data information products that are environmental, and property-related. The Commodity Information includes the business-to-business content, marketing solutions and data information products which are agriculture, energy and mining-related.