GlassBridge Enterprises, Inc., through its subsidiaries, provides enterprise data storage and asset management services worldwide. The company provides solid-state optimized unified hybrid storage systems, secure automated archive solutions, and high-density enterprise storage arrays for various applications, including virtual machine storage, cloud storage, database, surveillance, bulk storage, backup and recovery, and disaster recovery and archive. Its storage solutions include Unity line, a unified storage solution; E-Series SAN storage solutions, which enable users to shrink their storage footprint; and Assureon line, a secure archive solution. The company also offers investment advisory services. It serves businesses and individual consumers through distributors, wholesalers, value-added resellers, original equipment manufacturers, and retail outlets. The company was formerly known as Imation Corp. and changed its name to GlassBridge Enterprises, Inc. in February 2017. GlassBridge Enterprises, Inc. was founded in 1996 and is headquartered in Oakdale, Minnesota.
Industry, Sector and Symbol
Industry Magnetic & optical recording media
Sub-IndustryN/A
SectorFinance
Phone651-704-4000
Debt
Current Ratio0.65
Quick Ratio0.65
Price-To-Earnings
Sales & Book Value
Annual Sales$36.50 million
Price / Sales0.02
Price / Cash Flow0.21
Price / Book-0.02
Profitability
Net Income$-8,390,000.00
Net Margins4.23%
Return on Assets-11.76%
Miscellaneous
Employees100
OptionableNot Optionable
Glassbridge Enterprises (OTCMKTS:GLAE) Frequently Asked Questions
What is Glassbridge Enterprises' stock symbol?
Glassbridge Enterprises trades on the OTCMKTS under the ticker symbol "GLAE."
When did Glassbridge Enterprises' stock split? How did Glassbridge Enterprises' stock split work?
Shares of Glassbridge Enterprises reverse split before market open on Wednesday, February 22nd 2017. The 1-10 reverse split was announced on Friday, February 10th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, February 21st 2017. An investor that had 100 shares of Glassbridge Enterprises stock prior to the reverse split would have 10 shares after the split.
How were Glassbridge Enterprises' earnings last quarter?
When is Glassbridge Enterprises' next earnings date?
Has Glassbridge Enterprises been receiving favorable news coverage?
News headlines about GLAE stock have trended positive on Thursday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Glassbridge Enterprises earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days.
Who are some of Glassbridge Enterprises' key competitors?
Some companies that are related to Glassbridge Enterprises include Vestin Realty Mortgage I (VRTA), Transatlantic Capital (TACI), Global Future City (FTCY), Origen Financial (ORGN), Primus Guaranty (PRSG), Sparta Commercial Services (SRCO), NowAuto Group (CAFI), Capital Financial (CPFH), Mr. Amazing Loans (MRAL), Vestin Realty Mortgage II (VRTB), ProGreen Properties (PGUS), Global Arena (GAHC), Paragon Real Estate Equity Reit (PRLE), LM Funding America (LMFA) and Pacific Ventures Group (PACV).
Who are Glassbridge Enterprises' key executives?
Glassbridge Enterprises' management team includes the folowing people:
- Mr. Danny Zheng, Interim CEO, CFO & Treasurer (Age 49)
- Mr. Daniel A. Strauss, Chief Operating Officer (Age 34)
- Robert E. Michael, Gen. Counsel & Corp. Sec.
How do I buy shares of Glassbridge Enterprises?
Shares of GLAE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Glassbridge Enterprises' stock price today?
One share of GLAE stock can currently be purchased for approximately $0.1006.
How big of a company is Glassbridge Enterprises?
Glassbridge Enterprises has a market capitalization of $800,000.00 and generates $36.50 million in revenue each year. Glassbridge Enterprises employs 100 workers across the globe.
What is Glassbridge Enterprises' official website?
How can I contact Glassbridge Enterprises?
Glassbridge Enterprises' mailing address is 1099 HELMO AVE N SUITE 250, OAKDALE MN, 55128. The company can be reached via phone at 651-704-4000 or via email at ir.glassbridge.com.
MarketBeat Community Rating for Glassbridge Enterprises (OTCMKTS GLAE)
MarketBeat's community ratings are surveys of what our community members think about Glassbridge Enterprises and other stocks. Vote "Outperform" if you believe GLAE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLAE will underperform the S&P 500 over the long term. You may vote once every thirty days.
