MaxiTRANS Industries Limited (ASX:MXI) Insider Dean Jenkins Acquires 170,000 Shares

MaxiTRANS Industries Limited (ASX:MXI) insider Dean Jenkins purchased 170,000 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The stock was acquired at an average price of A$0.25 ($0.17) per share, with a total value of A$41,650.00 ($29,539.01).

The company has a debt-to-equity ratio of 36.05, a quick ratio of 0.92 and a current ratio of 1.98. The stock has a 50-day simple moving average of A$0.29 and a 200-day simple moving average of A$0.32. The company has a market cap of $44.42 million and a price-to-earnings ratio of -2.50. MaxiTRANS Industries Limited has a 12 month low of A$0.28 ($0.20) and a 12 month high of A$0.61 ($0.43).

MaxiTRANS Industries Company Profile

MaxiTRANS Industries Limited, together with its subsidiaries, designs, manufactures, sells, services, and repairs transport equipment and related components and spare parts in Australia and New Zealand. It manufactures trailer brands, and urethane foam and body panels; supplies and distributes parts; provides service and repair support; and sells and finances new and used trailing equipment.

Further Reading: Outstanding Shares and The Effect on Share Price

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