Orbital Corp Limited (OEC) Insider Kyle Abbott Purchases 30,000 Shares

Orbital Corp Limited (ASX:OEC) insider Kyle Abbott bought 30,000 shares of the stock in a transaction dated Friday, November 30th. The shares were bought at an average cost of A$0.50 ($0.35) per share, with a total value of A$15,000.00 ($10,638.30).

ASX:OEC opened at A$0.51 ($0.36) on Friday. The company has a current ratio of 4.62, a quick ratio of 4.05 and a debt-to-equity ratio of 35.87.

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Orbital Company Profile

Orbital Corporation Limited engages in the design, manufacture, and sale of unmanned aerial vehicle (UAV) propulsion systems and flight critical components in Australia and the United States. It operates through Program Delivery (PD) and Advanced Product Development (APD) segments. It also focuses on the manufacture, assembly, and delivery of engines and propulsion systems for unmanned aerial vehicles.

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