MGP Ingredients Director Acquires $22,775 in Stock (MGPI)
MGP Ingredients (NASDAQ:MGPI) Director George W. Page, Jr. bought 2,500 shares of the stock on the open market in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $9.11 per share, with a total value of $22,775.00. Following the completion of the transaction, the director now directly owns 7,000 shares in the company, valued at approximately $63,770. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
MGP Ingredients (NASDAQ:MGPI) opened at 9.79 on Friday. MGP Ingredients has a 52-week low of $4.30 and a 52-week high of $10.20. The stock’s 50-day moving average is $8.16 and its 200-day moving average is $6.76. The company has a market cap of $172.6 million and a price-to-earnings ratio of 57.32.
MGP Ingredients, Inc is a holding company operates through its subsidiaries MGPI Processing, Inc (NASDAQ:MGPI) and MGPI of Indiana, LLC.
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