Glacier Media (TSE:GVC) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of Glacier Media Inc. (TSE:GVC) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.20 and traded as high as C$0.33. Glacier Media shares last traded at C$0.33, with a volume of 25,550 shares changing hands.

Glacier Media Stock Performance

The stock has a fifty day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.20. The company has a debt-to-equity ratio of 21.58, a quick ratio of 1.23 and a current ratio of 0.78. The stock has a market capitalization of C$42.62 million, a price-to-earnings ratio of -2.17 and a beta of 1.57.

Glacier Media (TSE:GVC) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$0.05 earnings per share (EPS) for the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%.The company had revenue of C$40.26 million for the quarter. Analysts forecast that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal 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.