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

Shares of Glacier Media Inc. (TSE:GVC) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.25 and traded as high as C$0.34. Glacier Media shares last traded at C$0.33, with a volume of 27,350 shares changing hands.

Glacier Media Trading Down 2.9%

The stock has a market capitalization of C$43.27 million, a P/E ratio of 6.74 and a beta of 0.81. 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 firm’s fifty day simple moving average is C$0.31 and its 200 day simple moving average is C$0.25.

Glacier Media (TSE:GVC) last announced 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 during the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. As a group, equities research analysts forecast that Glacier Media Inc. will post 0.07 EPS for the current fiscal 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.