Randy Bates Sells 5,841,524 Shares of Golden Enterprises Inc. (GLDC) Stock

Golden Enterprises Inc. (NASDAQ:GLDC) insider Randy Bates sold 5,841,524 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The shares were sold at an average price of $12.00, for a total value of $70,098,288.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Golden Enterprises Inc. (NASDAQ:GLDC) opened at 11.996 on Friday. Golden Enterprises Inc. has a 12-month low of $3.86 and a 12-month high of $12.44. The stock’s 50 day moving average price is $11.97 and its 200 day moving average price is $8.37. The company has a market capitalization of $135.45 million, a price-to-earnings 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.

5 Day Chart for NASDAQ:GLDC

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