Global Industrial (GIC) Projected to Post Earnings on Tuesday

Global Industrial (NYSE:GIC) is expected to be releasing 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.

Global Industrial Stock Performance

Shares of NYSE:GIC opened at $24.59 on Friday. The business has a fifty day moving average of $24.79 and a 200-day moving average of $28.95. Global Industrial has a twelve month low of $23.09 and a twelve month high of $46.97. The firm has a market cap of $939.88 million, a PE ratio of 14.46, a price-to-earnings-growth ratio of 0.89 and a beta of 0.87.

Insider Buying and Selling at Global Industrial

In other Global Industrial news, Vice Chairman Bruce Leeds sold 5,840 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $28.28, for a total transaction of $165,155.20. Following the transaction, the insider now owns 23,675 shares of the company’s stock, valued at approximately $669,529. This represents a 19.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 65.30% of the company’s stock.

Global Industrial Company Profile

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.