Insider Buying: Myer Holdings Ltd (MYR) Insider Buys 20,000 Shares of Stock

Myer Holdings Ltd (ASX:MYR) insider Julie Morrison bought 20,000 shares of the stock in a transaction dated Tuesday, April 9th. The stock was acquired at an average price of A$0.70 ($0.50) per share, with a total value of A$14,000.00 ($9,929.08).

Shares of ASX:MYR traded down A$0.01 ($0.01) during midday trading on Thursday, reaching A$0.70 ($0.50). The company’s stock had a trading volume of 1,542,819 shares, compared to its average volume of 6,090,000. Myer Holdings Ltd has a fifty-two week low of A$0.35 ($0.25) and a fifty-two week high of A$0.66 ($0.47). The firm has a market cap of $574.66 million and a PE ratio of 20.59. The company has a debt-to-equity ratio of 15.45, a quick ratio of 0.29 and a current ratio of 0.94.

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About Myer

Myer Holdings Limited, together with its subsidiaries, operates department stores in Australia. The company offers products in various categories that include women's wear; men's wear; youth wear; children's wear; intimate apparel; beauty, fragrance, and cosmetics; homewares; electrical goods; toys; footwear, handbags, and accessories; and general merchandise.

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