Insider Buying: Crown Resorts Ltd (CWN) Insider Acquires 10,000 Shares of Stock

Crown Resorts Ltd (ASX:CWN) insider Antonia (Toni) Korsanos purchased 10,000 shares of the stock in a transaction on Wednesday, November 7th. The stock was acquired at an average cost of A$11.74 ($8.33) per share, with a total value of A$117,440.00 ($83,290.78).

Shares of CWN stock traded up A$0.01 ($0.01) during mid-day trading on Wednesday, reaching A$11.63 ($8.25). The stock had a trading volume of 1,903,049 shares, compared to its average volume of 2,610,000. Crown Resorts Ltd has a 52-week low of A$10.80 ($7.66) and a 52-week high of A$13.88 ($9.84). The company has a debt-to-equity ratio of 28.98, a quick ratio of 2.39 and a current ratio of 2.46.

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About Crown Resorts

Crown Resorts Limited operates in the entertainment industry primarily in Australia. It operates in four segments: Crown Melbourne, Crown Perth, Crown Aspinalls, and Wagering & Online. The company owns and operates two integrated resorts, including Crown Melbourne and Crown Perth. Its Crown Melbourne resort comprises 2,628 gaming machines and 540 gaming tables; the Crown Towers Melbourne hotel with 481 guest rooms, the Crown Metropol Melbourne hotel with 658 guest rooms, and the Crown Promenade Melbourne hotel with 465 guest rooms; a conference center; banqueting facilities; restaurants and bars; and designer brands and retail outlets.

Further Reading: Book Value Per Share – BVPS

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