Golden Enterprises Inc. (GLDC) CEO Mark W. Mccutcheon Sells 5,835,223 Shares
Golden Enterprises Inc. (NASDAQ:GLDC) CEO Mark W. Mccutcheon sold 5,835,223 shares of Golden Enterprises stock in a transaction on Friday, September 30th. The shares were sold at an average price of $12.00, for a total value of $70,022,676.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Golden Enterprises Inc. (NASDAQ:GLDC) opened at 11.996 on Wednesday. The stock has a 50 day moving average price of $11.97 and a 200-day moving average price of $8.32. The stock has a market capitalization of $135.45 million, a P/E ratio of 42.843 and a beta of 0.75. Golden Enterprises Inc. has a one year low of $3.86 and a one year high of $12.44.
About Golden Enterprises
Golden Enterprises, Inc is a holding company. The Company owns all the issued and outstanding capital stock of Golden Flake Snack Foods, Inc (Golden Flake), a wholly-owned operating subsidiary. The Company manufactures and distributes a line of salted snack items, such as potato chips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings, and puff corn.
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