Insider Buying: Glacier Media (TSE:GVC) Insider Buys C$21,499.90 in Stock

Glacier Media Inc. (TSE:GVC) insider Mark Thomas Melville purchased 63,235 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were bought at an average price of C$0.34 per share, for a total transaction of C$21,499.90. Following the purchase, the insider directly owned 264,364 shares in the company, valued at C$89,883.76. This represents a 31.44% increase in their position.

Glacier Media Trading Up 7.6%

Shares of Glacier Media stock opened at C$0.36 on Thursday. 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 Inc. has a 12-month low of C$0.09 and a 12-month high of C$0.36. The firm has a market capitalization of C$46.55 million, a price-to-earnings ratio of 5.15 and a beta of 0.91. The firm’s 50 day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.28.

Glacier Media (TSE:GVC) last released its quarterly earnings data on Thursday, March 19th. The company reported C$0.07 EPS for the quarter. The business had revenue of C$32.14 million for the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. Analysts predict that Glacier Media Inc. will post 0.07 EPS for the current year.

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.