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

Glacier Media Inc. (TSE:GVC)’s share price passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of C$0.35 and traded as high as C$0.37. Glacier Media shares last traded at C$0.37, with a volume of 9,000 shares trading hands.

Glacier Media Stock Performance

The business’s 50 day simple moving average is C$0.37 and its two-hundred day simple moving average is C$0.35. The stock has a market cap of C$48.52 million, a P/E ratio of 2.48 and a beta of 0.36. 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 announced its quarterly earnings results on Tuesday, August 4th. The company reported C$0.04 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$30.23 million during the quarter. As a group, analysts expect that Glacier Media Inc. will post 0.07 EPS 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.