Insider Selling: Glen Burnie Bancorp Director Unloads 5,000 Shares of Stock (GLBZ)
Glen Burnie Bancorp (NASDAQ:GLBZ) Director Edward Maddox sold 5,000 shares of Glen Burnie Bancorp stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $12.26, for a total value of $61,300.00. Following the completion of the transaction, the director now directly owns 17,742 shares in the company. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Glen Burnie Bancorp (NASDAQ:GLBZ) traded up 0.16% on Thursday, hitting $12.28. 400 shares of the company’s stock traded hands. Glen Burnie Bancorp has a one year low of $10.00 and a one year high of $12.95. The stock’s 50-day moving average is $12.32 and its 200-day moving average is $11.. The company has a market cap of $33.7 million and a price-to-earnings ratio of 13.70.
Glen Burnie Bancorp is a bank holding company. The Bank of Glen Burnie (NASDAQ:GLBZ) is the Company’s subsidiary.
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