Glacier Media (TSE:GVC) Hits New 52-Week High – Here’s What Happened

Glacier Media Inc. (TSE:GVC – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$0.38 and last traded at C$0.38, with a volume of 8117 shares. The stock had previously closed at C$0.38.

Glacier Media Price Performance

The firm has a market capitalization of C$49.83 million, a price-to-earnings ratio of 2.55 and a beta of 0.61. The company has a quick ratio of 1.23, a current ratio of 0.78 and a debt-to-equity ratio of 21.58. The company’s fifty day moving average is C$0.35 and its two-hundred day moving average is C$0.34.

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Glacier Media (TSE:GVC – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$30.23 million during the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. Equities research analysts anticipate that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Mark Thomas Melville acquired 95,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average price of C$0.34 per share, for a total transaction of C$32,470.00. Following the completion of the acquisition, the insider 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. Corporate insiders own 61.79% of the company’s stock.

Glacier Media Company Profile

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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.

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