Glacier Media (TSE:GVC) Reaches New 12-Month High – Should You Buy?

Glacier Media Inc. (TSE:GVC)’s stock price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as C$0.39 and last traded at C$0.39, with a volume of 2,000 shares trading hands. The stock had previously closed at C$0.37.

Glacier Media Price Performance

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 business’s fifty day simple moving average is C$0.37 and its 200 day simple moving average is C$0.35. The firm has a market capitalization of C$50.49 million, a price-to-earnings ratio of 2.59 and a beta of 0.36.

Glacier Media (TSE:GVC) last posted its quarterly earnings results on Tuesday, August 4th. The company reported C$0.04 earnings per share for the quarter. The business had revenue of C$30.23 million for the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%. On average, research analysts forecast that Glacier Media Inc. will post 0.07 EPS for the current 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. The Commodity Information includes the business-to-business content, marketing solutions and data information products which are agriculture, energy and mining-related.