Glacier Media (TSE:GVC) Hits New 52-Week High – Should You Buy?

Glacier Media Inc. (TSE:GVC) hit a new 52-week high on Thursday . The stock traded as high as C$0.38 and last traded at C$0.38, with a volume of 3000 shares trading hands. The stock had previously closed at C$0.38.

Glacier Media Price Performance

The business has a fifty day moving average of C$0.36 and a 200-day moving average of C$0.34. The firm has a market cap of C$47.86 million, a PE ratio of 2.45 and a beta of 0.58. The company has a current ratio of 0.78, a quick ratio of 1.23 and a debt-to-equity ratio of 21.58.

Glacier Media (TSE:GVC) last issued its earnings results on Tuesday, August 4th. The company reported C$0.04 EPS for the quarter. The business had revenue of C$30.23 million during the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%. As a group, research analysts predict that Glacier Media Inc. will post 0.07 earnings per share for the current 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 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 transaction, the insider owned 359,864 shares of the company’s stock, valued at C$122,353.76. The trade was a 36.12% increase in their ownership of the stock. Insiders own 61.79% of the company’s stock.

Glacier Media Company Profile

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.