Glacier Media (TSE:GVC) Stock Passes Above 200-Day Moving Average – Here’s Why

Shares of Glacier Media Inc. (TSE:GVC) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.10 and traded as high as C$0.12. Glacier Media shares last traded at C$0.12, with a volume of 23,140 shares.

Glacier Media Stock Performance

The company has a debt-to-equity ratio of 21.58, a current ratio of 0.78 and a quick ratio of 1.23. The company has a 50 day simple moving average of C$0.12 and a 200-day simple moving average of C$0.10. The stock has a market cap of C$15.74 million, a P/E ratio of -0.17 and a beta of 0.73.

Glacier Media (TSE:GVC) last issued its quarterly earnings results on Thursday, August 8th. The company reported C($0.03) earnings per share (EPS) for the quarter. The firm had revenue of C$33.53 million for the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%. On average, equities analysts expect that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

Glacier Media Company Profile

Glacier Media Inc operates as an information and marketing solutions company in Canada and the United States. It operates through three segments: Environmental and Property Information; Commodity Information; and Community Media. The Environmental and Property Information segment offers environmental risk data and related products to environmental consultants, CRE brokers, financial institutions, and insurance companies; and produces digital audit guides and compliance tools for use in environmental health and safety audits.