Insider Selling: Golden Enterprises Inc. (GLDC) Director Sells 6,667,669 Shares of Stock
Golden Enterprises Inc. (NASDAQ:GLDC) Director Joann F. Bashinsky sold 6,667,669 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The shares were sold at an average price of $12.00, for a total value of $80,012,028.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
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 firm has a market cap of $135.45 million, a P/E ratio of 42.843 and a beta of 0.75. Golden Enterprises Inc. has a 1-year low of $3.86 and a 1-year high of $12.44.
Golden Enterprises Company Profile
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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