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

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

Glacier Media Stock Performance

The firm has a market cap of C$49.83 million, a price-to-earnings ratio of 2.55 and a beta of 0.58. 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 has a fifty day simple moving average of C$0.36 and a two-hundred day simple moving average of C$0.34.

Glacier Media (TSE:GVC) last issued its quarterly earnings results on Tuesday, August 4th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$30.23 million for the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. On average, analysts expect that Glacier Media Inc. will post 0.07 EPS for the current year.

Insider Transactions at Glacier Media

In other news, insider Mark Thomas Melville acquired 95,500 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were bought 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 in the company, valued at approximately C$122,353.76. This represents a 36.12% increase in their position. 61.79% of the stock is currently owned by insiders.

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.