Golden Enterprises Inc. (NASDAQ:GLDC) Director Joann F. Bashinsky sold 6,667,669 shares of the business’s stock in a transaction dated Friday, September 30th. The stock was sold at an average price of $12.00, for a total value of $80,012,028.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Golden Enterprises Inc. (NASDAQ:GLDC) opened at 11.996 on Thursday. The firm’s 50-day moving average price is $11.97 and its 200-day moving average price is $8.34. Golden Enterprises Inc. has a 12 month low of $3.86 and a 12 month high of $12.44. The stock has a market capitalization of $135.45 million, a P/E ratio of 42.843 and a beta of 0.75.
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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