Glacier Media (TSE:GVC) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Glacier Media Inc. (TSE:GVC) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.25 and traded as high as C$0.34. Glacier Media shares last traded at C$0.34, with a volume of 5,000 shares.

Glacier Media Stock Performance

The stock’s 50-day moving average is C$0.31 and its 200-day moving average is C$0.25. The stock has a market cap of C$43.93 million, a price-to-earnings ratio of 6.85 and a beta of 0.81. The company has a current ratio of 0.78, a quick ratio of 1.23 and a debt-to-equity ratio of 21.58.

Glacier Media (TSE:GVC) last posted its earnings results on Thursday, March 19th. The company reported C$0.07 earnings per share (EPS) for the quarter. The firm 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%. On average, analysts expect 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.