Golden Enterprises Inc. (NASDAQ:GLDC) CEO Mark W. Mccutcheon sold 5,835,223 shares of Golden Enterprises stock in a transaction dated Friday, September 30th. The shares were sold at an average price of $12.00, for a total transaction of $70,022,676.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Golden Enterprises Inc. (NASDAQ:GLDC) opened at 11.996 on Monday. Golden Enterprises Inc. has a 12 month low of $3.88 and a 12 month high of $12.44. The firm has a market cap of $135.45 million, a price-to-earnings ratio of 42.843 and a beta of 0.75. The stock has a 50 day moving average of $11.97 and a 200 day moving average of $8.42.
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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