Glacier Media (TSE:GVC) Share Price Passes Above 200 Day Moving Average – What’s Next?

Glacier Media Inc. (TSE:GVC) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.29 and traded as high as C$0.34. Glacier Media shares last traded at C$0.33, with a volume of 162,501 shares traded.

Glacier Media Price Performance

The stock has a market capitalization of C$43.27 million, a price-to-earnings ratio of 4.79 and a beta of 0.91. The company has a fifty day simple moving average of C$0.34 and a 200 day simple moving average of C$0.29. The company has a debt-to-equity ratio of 21.58, a quick ratio of 1.23 and a current ratio of 0.78.

Glacier Media (TSE:GVC) last announced its quarterly earnings data on Thursday, March 19th. The company reported C$0.07 earnings per share (EPS) for the quarter. The company had revenue of C$32.14 million for the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%. 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.