GBank Financial Holdings Inc. (OTCMKTS:GBFH - Get Free Report) shares fell 0.5% on Friday . The company traded as low as $37.50 and last traded at $39.47. 61,067 shares changed hands during trading, an increase of 142% from the average session volume of 25,207 shares. The stock had previously closed at $39.66.
GBank Financial Trading Up 0.3%
The company's 50-day simple moving average is $37.87 and its 200-day simple moving average is $36.99. The stock has a market capitalization of $552.97 million, a price-to-earnings ratio of 28.49 and a beta of -0.65.
GBank Financial (OTCMKTS:GBFH - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.31 earnings per share for the quarter, meeting analysts' consensus estimates of $0.31. The company had revenue of $17.36 million during the quarter. On average, equities research analysts expect that GBank Financial Holdings Inc. will post 1.53 earnings per share for the current fiscal year.
Insider Transactions at GBank Financial
In related news, major shareholder Charles William Jr. Griege sold 50,000 shares of the company's stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $42.52, for a total transaction of $2,126,000.00. Following the sale, the insider now owns 369,289 shares in the company, valued at $15,702,168.28. This represents a 11.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
GBank Financial Company Profile
(
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.
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