Glacier Media (TSE:GVC) Trading Down 13.3% – Here’s Why

by · The Cerbat Gem

Glacier Media Inc. (TSE:GVC – Get Free Report)’s share price dropped 13.3% during mid-day trading on Friday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 141,000 shares changed hands during mid-day trading, an increase of 163% from the average daily volume of 53,648 shares. The stock had previously closed at C$0.23.

Glacier Media Trading Down 11.1%

The stock has a market cap of C$26.23 million, a PE ratio of -1.33 and a beta of 1.18. 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 stock’s fifty day moving average price is C$0.18 and its 200 day moving average price is C$0.16.

Glacier Media (TSE:GVC – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$0.05 earnings per share for the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. The company had revenue of C$40.26 million during the quarter. On average, sell-side analysts forecast that Glacier Media Inc. will post 0.07 EPS for the current year.

About Glacier Media

(Get Free Report)

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.

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