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

Glacier Media Inc. (TSE:GVC) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.38 and last traded at C$0.38, with a volume of 1345 shares. The stock had previously closed at C$0.38.

Glacier Media Stock Down 3.9%

The company has a market cap of C$47.86 million, a P/E ratio of 2.45 and a beta of 0.61. 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’s 50-day moving average is C$0.36 and its two-hundred day moving average is C$0.34.

Glacier Media (TSE:GVC) last released its quarterly earnings data on Tuesday, August 4th. The company reported C$0.04 earnings per share (EPS) for the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%.The business had revenue of C$30.23 million for the quarter. As a group, equities analysts predict that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

Insider Activity

In other Glacier Media news, insider Mark Thomas Melville acquired 95,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average cost of C$0.34 per share, with a total value of C$32,470.00. Following the completion of the transaction, the insider directly owned 359,864 shares of the company’s stock, valued at approximately C$122,353.76. This represents a 36.12% increase in their position. 61.79% of the stock is currently 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.