Insider Buying: Glacier Media (TSE:GVC) Insider Buys C$32,470.00 in Stock

Glacier Media Inc. (TSE:GVC) insider Mark Thomas Melville bought 95,500 shares of the stock in a transaction dated 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 acquisition, the insider owned 359,864 shares in the company, valued at approximately C$122,353.76. This represents a 36.12% increase in their position.

Mark Thomas Melville also recently made the following trade(s):

• On Thursday, May 14th, Mark Thomas Melville bought 63,235 shares of Glacier Media stock. The stock was purchased at an average cost of C$0.34 per share, with a total value of C$21,499.90.

Glacier Media Stock Performance

Shares of Glacier Media stock opened at C$0.35 on Friday. The company has a market capitalization of C$45.90 million, a P/E ratio of 5.08 and a beta of 0.52. The company has a debt-to-equity ratio of 21.58, a quick ratio of 1.23 and a current ratio of 0.78. The company’s fifty day moving average is C$0.34 and its two-hundred day moving average is C$0.32. Glacier Media Inc. has a 1 year low of C$0.09 and a 1 year high of C$0.37.

Glacier Media (TSE:GVC) last released its quarterly earnings results on Thursday, May 7th. The company reported C($0.01) EPS for the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%.The company had revenue of C$29.84 million for the quarter. Analysts forecast that Glacier Media Inc. will post 0.07 earnings per share for the current year.

About Glacier Media

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.