Glacier Media (TSE:GVC) Sets New 52-Week High – What’s Next?

Shares of Glacier Media Inc. (TSE:GVC) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.37 and last traded at C$0.37, with a volume of 40900 shares trading hands. The stock had previously closed at C$0.36.

Glacier Media Price Performance

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 stock’s 50-day moving average is C$0.35 and its two-hundred day moving average is C$0.33. The company has a market capitalization of C$48.52 million, a PE ratio of 5.37 and a beta of 0.61.

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

Insider Activity at Glacier Media

In other news, insider Mark Thomas Melville purchased 95,500 shares of the stock in a transaction on Tuesday, June 30th. The stock was bought at an average price of C$0.34 per share, with a total value of C$32,470.00. Following the transaction, the insider owned 359,864 shares in the company, valued at C$122,353.76. The trade was a 36.12% increase in their position. Insiders own 61.79% of the company’s stock.

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.