Nicholas Financial, Inc. (NASDAQ:NICK) COO Acquires $51,800.00 in Stock
Nicholas Financial, Inc. (NASDAQ:NICK) COO Ginger G. Kunkel purchased 5,000 shares of Nicholas Financial stock in a transaction that occurred on Tuesday, August 27th. The stock was acquired at an average cost of $10.36 per share, with a total value of $51,800.00. Following the acquisition, the chief operating officer now directly owns 3,684 shares of the company’s stock, valued at approximately $38,166.24. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.
NICK traded down $0.22 on Friday, reaching $9.05. The company’s stock had a trading volume of 1,914 shares, compared to its average volume of 19,802. Nicholas Financial, Inc. has a 1 year low of $7.92 and a 1 year high of $12.50. The business’s 50 day moving average is $8.81 and its 200 day moving average is $9.13.
Nicholas Financial (NASDAQ:NICK) last issued its quarterly earnings results on Friday, August 9th. The credit services provider reported $0.07 EPS for the quarter. The firm had revenue of $16.64 million during the quarter. Nicholas Financial had a negative return on equity of 4.53% and a negative net margin of 6.47%.
Separately, TheStreet downgraded Nicholas Financial from a “c-” rating to a “d” rating in a report on Friday, July 19th.
Nicholas Financial Company Profile
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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