Nicholas Financial, Inc. (NASDAQ:NICK) CFO Kelly M. Malson bought 1,943 shares of the business’s stock in a transaction on Monday, April 15th. The stock was bought at an average cost of $9.67 per share, for a total transaction of $18,788.81. Following the purchase, the chief financial officer now directly owns 37,133 shares of the company’s stock, valued at approximately $359,076.11. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.
NASDAQ:NICK traded up $0.11 during mid-day trading on Monday, hitting $9.44. The company had a trading volume of 4,100 shares, compared to its average volume of 5,110. Nicholas Financial, Inc. has a fifty-two week low of $8.36 and a fifty-two week high of $12.50. The firm has a market capitalization of $116.64 million, a price-to-earnings ratio of 57.75 and a beta of 0.59.
Nicholas Financial (NASDAQ:NICK) last released its earnings results on Friday, February 1st. The credit services provider reported ($0.17) earnings per share for the quarter. Nicholas Financial had a net margin of 2.33% and a return on equity of 1.22%. The company had revenue of $16.74 million during the quarter.
NICK has been the topic of several analyst reports. TheStreet raised Nicholas Financial from a “d+” rating to a “c-” rating in a research note on Wednesday, February 13th. ValuEngine raised Nicholas Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.
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Nicholas Financial Company Profile
Nicholas Financial, Inc operates as a specialized consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and used automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance related products.
Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks
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