Glacier Media (TSE:GVC) Sets New 52-Week High – Time to Buy?

Glacier Media Inc. (TSE:GVC)’s share price reached a new 52-week high on Tuesday . The company traded as high as C$0.35 and last traded at C$0.33, with a volume of 1300056 shares changing hands. The stock had previously closed at C$0.34.

Glacier Media Price Performance

The stock has a market capitalization of C$46.55 million, a P/E ratio of 5.15 and a beta of 0.91. The business’s 50 day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.28. The company has a quick ratio of 1.23, a current ratio of 0.78 and a debt-to-equity ratio of 21.58.

Glacier Media (TSE:GVC) last posted its earnings results on Thursday, March 19th. The company reported C$0.07 earnings per share 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$32.14 million for the quarter. As a group, sell-side analysts forecast that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

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.