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Glacier Media sinks 4.0%, 4 days' volume in a day February 01, 2017 17:00 EST

Feb 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Glacier Media Inc. (TSX:GVC), Canada's 5th largest Online media company by market cap, has sunk 3.0c (4.0%) from its last trading session of January 31 to close at 72.0c. The fall was exacerbated by extraordinary volume of 4.3 times the average daily volume of 51,917 shares.

SECTION 1

GLACIER MEDIA BEARISH SIGNALS

1.1 Fundamentals:

+ Revenue growth rate has been negative in recent years. [Year ended, all figures in %]

1.2 Techni...