Glacier Media (TSE:GVC) Stock Passes Above 200-Day Moving Average – Here’s Why

Glacier Media Inc. (TSE:GVC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.10 and traded as high as C$0.12. Glacier Media shares last traded at C$0.12, with a volume of 23,140 shares trading hands.

Glacier Media Stock Performance

The company has a market capitalization of C$15.74 million, a PE ratio of -0.17 and a beta of 0.73. The company has a quick ratio of 1.23, a current ratio of 0.78 and a debt-to-equity ratio of 21.58. The company has a 50-day moving average price of C$0.12 and a two-hundred day moving average price of C$0.10.

Glacier Media (TSE:GVC) last posted its quarterly earnings data on Thursday, August 8th. The company reported C($0.03) earnings per share (EPS) for the quarter. The business had revenue of C$33.53 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 fiscal year.

About Glacier Media

Glacier Media Inc operates as an information and marketing solutions company in Canada and the United States. It operates through three segments: Environmental and Property Information; Commodity Information; and Community Media. The Environmental and Property Information segment offers environmental risk data and related products to environmental consultants, CRE brokers, financial institutions, and insurance companies; and produces digital audit guides and compliance tools for use in environmental health and safety audits.