Nicholas Financial, Inc. (NICK) Director Purchases $22,875.00 in Stock
Nicholas Financial, Inc. (NASDAQ:NICK) Director Jeffrey C. Royal bought 2,500 shares of the company’s stock in a transaction dated Friday, May 31st. The shares were acquired at an average price of $9.15 per share, for a total transaction of $22,875.00. Following the completion of the transaction, the director now directly owns 4,024 shares in the company, valued at $36,819.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
NASDAQ:NICK opened at $9.25 on Tuesday. Nicholas Financial, Inc. has a 52 week low of $7.92 and a 52 week high of $12.50.
Nicholas Financial (NASDAQ:NICK) last posted its earnings results on Wednesday, May 29th. The credit services provider reported ($0.60) EPS for the quarter. Nicholas Financial had a negative net margin of 5.12% and a negative return on equity of 3.68%. The business had revenue of $16.40 million for the quarter.
Separately, TheStreet upgraded Nicholas Financial from a “d+” rating to a “c-” rating in a research report on Wednesday, February 13th.
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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