Insider Buying: Carsales.Com Ltd (CAR) Insider Buys A$99,960.12 in Stock

Carsales.Com Ltd (ASX:CAR) insider Patrick (Pat) O’Sullivan purchased 8,268 shares of the stock in a transaction on Friday, November 2nd. The stock was bought at an average price of A$12.09 ($8.57) per share, for a total transaction of A$99,960.12 ($70,893.70).

Shares of ASX:CAR opened at A$12.20 ($8.65) on Friday. The company has a debt-to-equity ratio of 135.42, a current ratio of 0.42 and a quick ratio of 0.39. Carsales.Com Ltd has a fifty-two week low of A$10.84 ($7.69) and a fifty-two week high of A$15.64 ($11.09).

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About Carsales.Com Limited is an online automotive, motorcycle and marine classifieds business. The Company’s carsales network is an online destination for buying and selling cars, motorbikes, trucks, boats, caravans and machinery equipment. Its segments include Online Advertising Services, Data and Research Services, International, and Finance and Related Services.

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