Golden Enterprises Inc. (GLDC) CFO Sells $69,987,528.00 in Stock
Golden Enterprises Inc. (NASDAQ:GLDC) CFO Patricia R. Townsend sold 5,832,294 shares of the business’s stock in a transaction on Friday, September 30th. The shares were sold at an average price of $12.00, for a total transaction of $69,987,528.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Golden Enterprises Inc. (NASDAQ:GLDC) opened at 11.996 on Monday. 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 one year low of $3.88 and a one year high of $12.44. The stock’s 50 day moving average is $11.97 and its 200 day moving average is $8.42.
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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