Glacier Media (TSE:GVC) Stock Price Down 2.9% – Should You Sell?

Glacier Media Inc. (TSE:GVC)’s stock price fell 2.9% on Friday. The company traded as low as C$0.33 and last traded at C$0.34. Approximately 16,020 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 39,928 shares. The stock had previously closed at C$0.35.

Glacier Media Price Performance

The stock’s 50-day moving average is C$0.37 and its 200 day moving average is C$0.35. The company has a debt-to-equity ratio of 21.58, a current ratio of 0.78 and a quick ratio of 1.23. The company has a market cap of C$44.58 million, a PE ratio of 2.28 and a beta of 0.12.

Glacier Media (TSE:GVC) last announced its earnings results on Thursday, November 5th. The company reported C$0.01 earnings per share for the quarter. The company had revenue of C$38.34 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, equities analysts anticipate that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

About Glacier Media

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.