GBank Financial Holdings Inc. (OTCMKTS:GBFH - Get Free Report) Chairman Edward Michael Nigro sold 4,239 shares of GBank Financial stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $39.72, for a total value of $168,373.08. Following the completion of the transaction, the chairman now owns 619,630 shares of the company's stock, valued at approximately $24,611,703.60. This represents a 0.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Edward Michael Nigro also recently made the following trade(s):
- On Monday, June 9th, Edward Michael Nigro sold 23,609 shares of GBank Financial stock. The shares were sold at an average price of $39.37, for a total value of $929,486.33.
- On Friday, June 6th, Edward Michael Nigro sold 6,391 shares of GBank Financial stock. The shares were sold at an average price of $39.07, for a total transaction of $249,696.37.
GBank Financial Price Performance
Shares of OTCMKTS:GBFH traded down $0.71 during trading hours on Friday, hitting $36.68. The company's stock had a trading volume of 79,556 shares, compared to its average volume of 28,128. The company has a market capitalization of $523.57 million, a price-to-earnings ratio of 26.97 and a beta of -0.90. The firm's fifty day moving average price is $38.29 and its 200 day moving average price is $37.34. GBank Financial Holdings Inc. has a 52 week low of $15.56 and a 52 week high of $46.00.
GBank Financial (OTCMKTS:GBFH - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.31 earnings per share for the quarter, meeting analysts' consensus estimates of $0.31. The firm had revenue of $17.36 million during the quarter. On average, equities research analysts predict that GBank Financial Holdings Inc. will post 1.53 earnings per share for the current fiscal year.
About GBank Financial
(
Get Free Report)
GBank Financial Holdings Inc operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada. The company offers business and personal checking and savings accounts. It also provides small business administration loans; commercial real estate, equipment, business term, and medical/professional loans; business lines of credit; accounts receivable/inventory financing services; and credit cards.
Recommended Stories
Before you consider GBank Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GBank Financial wasn't on the list.
While GBank Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
