Insider Trading in Focus: Global Healthcare REIT Inc. $GBCS

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Global Healthcare REIT Inc. (GBCS) insider have most recently took part in a trading activity. On Dec 19, 2017 Sink Andrew L, Director bought 33,000 shares having total worth of $14,520 at the price of $0.44 per share, following the transaction a total of 480,528 shares owned by Sink Andrew L.

Shares of Global Healthcare REIT Inc. (GBCS) traded down 6.67% on Dec 20, 2017, hitting $0.42. 31,730 shares of the company’s stock traded hands. Global Healthcare REIT Inc. has a 52 week low of $0.3 and a 52 week high of $1.1. The company’s market cap is $0 million.

Global Healthcare REIT Inc. (GBCS) last announced its earnings results on Oct 26, 2017. The company reported 0.00 earnings per share (EPS) for the quarter. During the same quarter in the previous year, the company posted 0.02 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-26 2015-11-16 2015-08-17
earnings per share 0.00 -0.02 0.01
Revenue(M) 0 0.98 1.16

Global Casinos, Inc. was organized under the laws of the State of Utah on June 8, 1978. The Company and its wholly owned subsidiaries operate in the domestic gaming industry. The Company was organized as a holding company for the purpose of acquiring and operating casinos, gaming properties, and other related interests. As of June 30, 2009, Global had two operating subsidiaries: one which owns and operates the Bull Durham Saloon & Casino (Bull Durham) located in Black Hawk, Colorado; and one which owns and operates the Doc Holliday Casino (Doc Holliday) located in Central City, Colorado. In addition, Global also has a 25% equity investment in an entity which owns certain pending gaming technology patents. This investment is being accounted for under the equity method. Competition in the gaming industry in the United States is intense. There are numerous competitors engaged in the same business as the Company, and the Company’s operations also compete with other forms of gaming activities, such as Bingo, Lotto, table games, sports betting and pari-mutuel wagering. Competition in Black Hawk, Colorado is particularly intense as competitors are in very close proximity to the Company’s operations. Ownership and operation of gaming establishments are extensively regulated by states in which such activities are permitted.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.