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

Glacier Media Inc. (TSE:GVC) reached a new 52-week high on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.36, with a volume of 7500 shares. The stock had previously closed at C$0.37.

Glacier Media Trading Down 1.4%

The firm has a 50-day moving average of C$0.35 and a two-hundred day moving average of C$0.33. The firm has a market capitalization of C$47.86 million, a P/E ratio of 2.45 and a beta of 0.61. The company has a current ratio of 0.78, a quick ratio of 1.23 and a debt-to-equity ratio of 21.58.

Glacier Media (TSE:GVC) last announced its quarterly earnings results 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 company had revenue of C$30.23 million during the quarter. On average, analysts anticipate that Glacier Media Inc. will post 0.07 EPS for the current year.

Insider Buying and Selling

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, for a total transaction of C$32,470.00. Following the transaction, the insider owned 359,864 shares of the company’s stock, valued at approximately C$122,353.76. This trade represents a 36.12% increase in their ownership of the stock. 61.79% of the stock is owned by insiders.

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.