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

Shares of Glacier Media Inc. (TSE:GVC) reached a new 52-week high on Friday . The stock traded as high as C$0.20 and last traded at C$0.18, with a volume of 3800 shares trading hands. The stock had previously closed at C$0.16.

Glacier Media Trading Up 12.5%

The business’s 50-day moving average price is C$0.17 and its 200-day moving average price is C$0.16. The firm has a market capitalization of C$23.60 million, a PE ratio of -1.20 and a beta of 1.18. The company has a debt-to-equity ratio of 21.58, a current ratio of 0.78 and a quick ratio of 1.23.

Glacier Media (TSE:GVC) last posted its quarterly earnings data on Thursday, November 6th. The company reported C$0.05 earnings per share for the quarter. The firm had revenue of C$40.26 million for the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. As a group, analysts expect that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

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.