Global Industrial (NYSE:GIC - Get Free Report) is anticipated to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Global Industrial to post earnings of $0.30 per share and revenue of $306.07 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Global Industrial Trading Down 0.8 %
Shares of GIC traded down $0.19 during midday trading on Monday, reaching $23.80. 96,896 shares of the company were exchanged, compared to its average volume of 113,206. Global Industrial has a 1-year low of $23.09 and a 1-year high of $46.97. The company has a market cap of $909.91 million, a price-to-earnings ratio of 14.00, a P/E/G ratio of 0.93 and a beta of 0.87. The stock has a 50-day moving average price of $24.67 and a 200-day moving average price of $28.79.
Insider Buying and Selling
In related news, Vice Chairman Bruce Leeds sold 5,840 shares of Global Industrial stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $28.28, for a total transaction of $165,155.20. Following the sale, the insider now owns 23,675 shares of the company's stock, valued at $669,529. The trade was a 19.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 65.30% of the stock is currently owned by corporate insiders.
About Global Industrial
(
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Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.
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