Glacier Media (TSE:GVC) Hits New 12-Month High – Here’s What Happened

Glacier Media Inc. (TSE:GVC) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.37, with a volume of 40900 shares trading hands. The stock had previously closed at C$0.36.

Glacier Media Price 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 stock has a 50 day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.33. The company has a market cap of C$48.52 million, a price-to-earnings ratio of 5.37 and a beta of 0.61.

Glacier Media (TSE:GVC) last issued 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 net margin of 63.78% and a negative return on equity of 89.90%. The firm had revenue of C$30.23 million for the quarter. On average, equities research analysts predict that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

Insider Transactions at Glacier Media

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