Augustus C. Griffin Acquires 5000 Dispenses of MGP Ingredients Stock (MGPI)

MGP Ingredients (NASDAQ: MGPI) BOSS Augustus C. Griffin survivor bought six, 000 shares of MGP Additive stock on the open market in a transaction which experts claim occurred on Friday, June sixth. The shares were purchased in a average cost of $17. 17 just about every share, for a total transaction within $85, 850. 00. Following the receipt, the chief executive officer now only owns 65, 822 shares within a company, valued at approximately $1, 130, 163. 74. The alliance was disclosed in a legal reporting with the Securities & Exchange Amount, which is available at this link.

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Dispenses of MGP Ingredients (NASDAQ: MGPI) traded down 1 . 15% to do with Wednesday, hitting $17. 21. One particular stock had a trading volume of forty-five, 149 shares. MGP Ingredients is suffering from a one year low of $6. eighty six and a one year high of $19. twenty-two. The stock has a 50-day walking average of $16. and a 200-day moving average of $15.. Vehicle has a market cap of $304. 17 million and a price-to-earnings pourcentage of 12. 88.

MGP Additive (NASDAQ: MGPI) last posted the actual quarterly earnings results on Turkey day, May 7th. The company reported $0. 28 earnings per share for your personal quarter. Analysts expect that MGP Ingredients will post $0. fifty four EPS for the current fiscal yearly.

Separately, analysts at TheStreet improved shares of MGP Ingredients any “hold” rating to a “buy” review in a research note on From monday, March 23rd.

MGP Ingredients, Incorporation is a holding company with no work of its own. The Company’s law directly-owned operating subsidiaries are MGPI Processing, Inc and MGPI within Indiana, LLC. The Company through the actual subsidiaries produces distillery and part products which are derived from corn, rye and barley, and wheat flour, primarily to serve the sold goods industry.

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