Imation (GLAE) Stock Price, News & Analysis

Company Overview

Imation Corporation traces its roots to a spin-off from 3M in the mid‐1990s, initially focusing on removable data storage media. Over the years, the company became known for its portfolio of magnetic tape solutions, optical discs and USB flash drives, serving both consumer and enterprise markets. Imation built extensive distribution relationships across North America, Europe and the Asia-Pacific region, enabling it to meet the needs of businesses requiring reliable backup, archiving and data transport capabilities.

In the early 2000s, Imation broadened its scope by entering the information security arena. The company introduced hardware-based encryption products under the IronKey brand and expanded its software offerings through acquisitions, delivering secure data erasure and device management solutions designed to help organizations comply with tightening regulatory standards. This move positioned Imation as a multifaceted provider of both storage media and data protection services.

In the mid-2010s, following the divestiture of its core data storage and security businesses, Imation rebranded as Glassbridge Enterprises (OTCMKTS: GLAE) and shifted its strategic focus. Today, Glassbridge operates as a merchant banking and advisory platform, pursuing investments and joint ventures in financial technology, digital media and select consumer service ventures. The company leverages its legacy in technology innovation to identify emerging opportunities and to support portfolio companies through capital, expertise and strategic guidance.

Headquartered in the United States with a presence in key global financial hubs, Glassbridge Enterprises is led by a seasoned executive team with backgrounds in technology development, corporate finance and strategic growth. Under the leadership of its chairman and chief executive, the company seeks to build long-term value by combining its corporate heritage with a nimble approach to investment and corporate development across diverse geographies.

Key Stats

• Today's Range: $30.00 to $30.00
• 50-Day Range: $25.00 to $30.00
• 52-Week Range: $20.00 to $32.00
• Volume: N/A
• Average Volume: 0 shs
• Market Capitalization: $900 thousand
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

GLAE Stock Analysis - Frequently Asked Questions

How have GLAE shares performed this year?

Imation's stock was trading at $32.00 at the start of the year. Since then, GLAE shares have decreased by 6.3% and is now trading at $30.00.

How were Imation's earnings last quarter?

Imation Corporation (OTCMKTS:GLAE) posted its quarterly earnings results on Tuesday, August, 14th. The company reported ($0.39) earnings per share (EPS) for the quarter. The company had revenue of $8 million for the quarter.

When did Imation's stock split?

Imation shares reverse split 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 market closes on Tuesday, February 21st 2017. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Imation?

Shares of GLAE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Imation own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Imation investors own include Arbutus Biopharma (ABUS), AcelRx Pharmaceuticals (ACRX), Allena Pharmaceuticals (ALNA), Ampio Pharmaceuticals (AMPE), Amira Nature Foods (ANFI), Ampliphi Biosciences (APHB) and Athersys (ATHX).

Company Calendar

• Last Earnings: 8/14/2018
• Today: 7/12/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: FIN - MISC SVCS
• Sub-Industry: Trading
• Current Symbol: OTCMKTS:GLAE
• Previous Symbol: NYSE:GLA
• CIK: 1014111
• Web: www.glassbridge.com
• Phone: (212) 220-3300
• Fax: 888-704-4200
• Employees: 5
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $100 thousand
• Price / Sales: 9.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 30,000
• Free Float: 26,000
• Market Cap: $900 thousand
• Optionable: Not Optionable
• Beta: 5.93