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 Golden Enterprises stock in a transaction dated Friday, September 30th. The shares were sold at an average price of $12.00, for a total value of $80,012,028.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Golden Enterprises Inc. (NASDAQ:GLDC) opened at 11.996 on Wednesday. The company has a market cap of $135.45 million, a P/E ratio of 42.843 and a beta of 0.75. The company has a 50-day moving average price of $11.97 and a 200-day moving average price of $8.32. Golden Enterprises Inc. has a 52-week low of $3.86 and a 52-week 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.

5 Day Chart for NASDAQ:GLDC

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