Kelly M. Malson Acquires 1,925 Shares of Nicholas Financial, Inc. (NICK) Stock
Nicholas Financial, Inc. (NASDAQ:NICK) CFO Kelly M. Malson purchased 1,925 shares of the firm’s stock in a transaction on Friday, March 15th. The shares were acquired at an average price of $9.76 per share, with a total value of $18,788.00. Following the purchase, the chief financial officer now directly owns 33,265 shares in the company, valued at approximately $324,666.40. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of NASDAQ NICK traded up $0.22 during trading on Friday, hitting $9.73. The stock had a trading volume of 2,359 shares, compared to its average volume of 4,131. Nicholas Financial, Inc. has a 12 month low of $8.36 and a 12 month high of $12.50. The firm has a market cap of $122.83 million, a price-to-earnings ratio of 59.38 and a beta of 0.61.
Nicholas Financial (NASDAQ:NICK) last posted its earnings results on Friday, February 1st. The credit services provider reported ($0.17) earnings per share (EPS) for the quarter. Nicholas Financial had a return on equity of 1.22% and a net margin of 2.33%. The firm had revenue of $16.74 million during the quarter.
Several analysts have recently issued reports on NICK shares. ValuEngine lowered shares of Nicholas Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, December 5th. TheStreet upgraded shares of Nicholas Financial from a “d+” rating to a “c-” rating in a research note on Wednesday, February 13th.
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About Nicholas Financial
Nicholas Financial, Inc operates as a specialized consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and used automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance related products.
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