Insider Buying: Glacier Media (TSE:GVC) Insider Buys 63,235 Shares of Stock

Glacier Media Inc. (TSE:GVC) insider Mark Thomas Melville purchased 63,235 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average price of C$0.34 per share, for a total transaction of C$21,499.90. Following the completion of the acquisition, the insider directly owned 264,364 shares of the company’s stock, valued at C$89,883.76. This trade represents a 31.44% increase in their position.

Glacier Media Price Performance

Shares of GVC remained flat at C$0.33 during mid-day trading on Monday. The company’s stock had a trading volume of 162,500 shares, compared to its average volume of 37,745. The company has a market capitalization of C$43.27 million, a price-to-earnings ratio of 6.74 and a beta of 0.91. The stock’s 50 day moving average price is C$0.33 and its two-hundred day moving average price is C$0.28. 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 Inc. has a 52-week low of C$0.09 and a 52-week high of C$0.35.

Glacier Media (TSE:GVC) last issued 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 for the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%. As a group, research analysts expect that Glacier Media Inc. will post 0.07 earnings per share 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.