Glacier Media (TSE:GVC) Reaches New 1-Year High – Should You Buy?

Glacier Media Inc. (TSE:GVC)’s share price reached a new 52-week high on Monday . The stock traded as high as C$0.38 and last traded at C$0.38, with a volume of 1345 shares changing hands. The stock had previously closed at C$0.38.

Glacier Media Price Performance

The company has a current ratio of 0.78, a quick ratio of 1.23 and a debt-to-equity ratio of 21.58. The company has a market capitalization of C$49.17 million, a P/E ratio of 2.52 and a beta of 0.61. The business’s fifty day moving average price is C$0.36 and its 200-day moving average price is C$0.34.

Glacier Media (TSE:GVC) last released its 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 business had revenue of C$30.23 million for the quarter. As a group, sell-side analysts predict that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Mark Thomas Melville acquired 95,500 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average cost of C$0.34 per share, for a total transaction of C$32,470.00. Following 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 ownership of the stock. Insiders own 61.79% of the company’s stock.

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.