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

Glacier Media Inc. (TSE:GVC – Get Free Report)’s share price hit a new 52-week high during mid-day 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. The stock had previously closed at C$0.36.

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 firm’s 50 day moving average is C$0.35 and its 200 day moving average is C$0.33. The company has a market capitalization of C$48.52 million, a PE ratio of 5.37 and a beta of 0.61.

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Glacier Media (TSE:GVC – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported C$0.04 earnings per share for the quarter. The business 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%. As a group, equities analysts predict that Glacier Media Inc. will post 0.07 EPS for the current year.

Insider Activity at Glacier Media

In other news, insider Mark Thomas Melville bought 95,500 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was bought at an average cost 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 in the company, valued at approximately C$122,353.76. This trade represents a 36.12% increase in their position. Company 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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