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Last $6.00 USD
Change Today 0.00 / 0.00%
Volume 375.0
GLCH On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

gleacher & co inc (GLCH) Snapshot

Open
$6.00
Previous Close
$6.00
Day High
$6.00
Day Low
$6.00
52 Week High
12/15/14 - $7.75
52 Week Low
07/15/14 - $5.24
Market Cap
37.1M
Average Volume 10 Days
1.8K
EPS TTM
$-4.04
Shares Outstanding
6.2M
EX-Date
03/26/15
P/E TM
--
Dividend
--
Dividend Yield
75.83%
Current Stock Chart for GLEACHER & CO INC (GLCH)

gleacher & co inc (GLCH) Related Businessweek News

No Related Businessweek News Found

gleacher & co inc (GLCH) Details

Gleacher & Company, Inc. is in the process of adopting a plan dissolution and liquidation of the company, subject to its shareholders approval. The company provides strategic and financial advisory services to corporate and institutional clients. It operates through Investment Banking, MBS & Rates, and Credit Products segments. Gleacher & Company, Inc. also invests and manages a fund that holds investments in privately held companies; and offers residential mortgage lending. The company was founded in 1952 and is headquartered in Albany, New York.

10 Employees
Last Reported Date: 05/9/14
Founded in 1952

gleacher & co inc (GLCH) Top Compensated Officers

Chief Executive Officer and Chief Restructuri...
Total Annual Compensation: --
Principal Financial Officer, Chief Accounting...
Total Annual Compensation: $579.2K
General Counsel and Secretary
Total Annual Compensation: $850.0K
Compensation as of Fiscal Year 2013.

gleacher & co inc (GLCH) Key Developments

Gleacher & Company Announces Second Liquidating Distribution Payable on or About April 10, 2015

Gleacher & Company Inc. announced that the board has determined to make a second liquidating distribution to company stockholders in the amount of $0.50 per share of the company's common stock (approximately $3.1 million in the aggregate). Stockholders of record as of March 30, 2015 will be entitled to receive the distribution. The company anticipates that the payment date for such distribution will be on or about April 10, 2015.

Gleacher & Company, Inc. Anticipates Making an Initial Liquidating Distribution

Gleacher & Company Inc. anticipates making an initial liquidating distribution of $4.05 per share of the company's common stock (approximately $25 million in the aggregate). The $5 million aggregate increase in the anticipated initial liquidating distribution, as compared to prior estimates, represents the distribution of a portion of the proceeds received by the company from the previously announced sale of a portfolio company in the company's FA Technology Ventures private equity investment.

Gleacher & Company Files Form 15

Gleacher & Company, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, $0.01 par value under the Securities Exchange Act of 1934, as amended.

 

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GLCH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cowen Group Inc $5.18 USD +0.03
FBR & Co $23.12 USD -0.16
Greenhill & Co Inc $39.93 USD +0.24
JMP Group LLC $8.37 USD +0.02
Piper Jaffray Cos $52.93 USD +0.63
View Industry Companies
 

Industry Analysis

GLCH

Industry Average

Valuation GLCH Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 15.6x
Price/Book 0.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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