Kangaroo Island Plantation Timbers Ltd (ASX:KPT) shares traded down 0.4% during trading on Tuesday . The company traded as low as A$2.24 ($1.59) and last traded at A$2.24 ($1.59), 4,942 shares were traded during mid-day trading. The stock had previously closed at A$2.25 ($1.60).
The company has a debt-to-equity ratio of 22.32, a quick ratio of 3.54 and a current ratio of 3.82. The stock’s fifty day moving average price is A$2.23. The firm has a market capitalization of $125.61 million and a PE ratio of 9.18.
In related news, insider Graham Holdaway 200,000 shares of Kangaroo Island Plantation Timbers stock in a transaction dated Tuesday, July 9th.
Kangaroo Island Plantation Timbers Limited, together with its subsidiaries, engages in the forestry management activities in Australia. It is involved in the management of hardwood and softwood forestry plantations; and production of timber on the Kangaroo Island, as well as milling operations. The company was formerly known as RuralAus Investments Limited and changed its name to Kangaroo Island Plantation Timbers Limited in July 2013.
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