Insider Buying: Glacier Media Inc. (TSE:GVC) Director Acquires 119,000 Shares of Stock

Glacier Media Inc. (TSE:GVC – Get Rating) Director Geoffrey Lawson Scott purchased 119,000 shares of the company’s stock in a transaction dated Friday, May 20th. The stock was bought at an average price of C$0.39 per share, with a total value of C$46,790.80. Following the completion of the transaction, the director now directly owns 6,760,500 shares of the company’s stock, valued at C$2,658,228.60.

Shares of GVC stock traded down C$0.01 during trading hours on Tuesday, reaching C$0.41. The company had a trading volume of 33,849 shares, compared to its average volume of 56,624. The company has a debt-to-equity ratio of 9.66, a quick ratio of 1.22 and a current ratio of 1.33. The stock has a fifty day moving average of C$0.40 and a 200-day moving average of C$0.40. The company has a market capitalization of C$53.77 million and a price-to-earnings ratio of -10.25. Glacier Media Inc. has a 12-month low of C$0.35 and a 12-month high of C$0.53.

Glacier Media (TSE:GVC – Get Rating) last posted its quarterly earnings results on Friday, March 25th. The company reported C($0.04) earnings per share (EPS) for the quarter. The firm had revenue of C$43.84 million during the quarter. On average, analysts forecast that Glacier Media Inc. will post 0.07 EPS for the current year.

Glacier Media Company Profile (Get Rating)

Glacier Media Inc operates as an information and marketing solutions company in Canada and the United States. The company operates through three segments: Environmental and Property Information; Commodity Information; and Community Media. It offers environmental risk data and related products to environmental consultants, CRE brokers, financial institutions, and insurance companies; produces digital audit guides and compliance tools for use in environmental health and safety audits; and operates REW.ca, a residential real estate listings and property information marketplace, which provides consumers with key real estate information and insights to make better informed decisions about their home.

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