STH CRS Elect ENGNR (ASX:SXE) was up 1.7% during mid-day trading on Tuesday . The company traded as high as A$0.60 ($0.43) and last traded at A$0.59 ($0.42), approximately 99,160 shares were traded during trading. The stock had previously closed at A$0.58 ($0.41).
The stock has a fifty day moving average price of A$0.57. The firm has a market capitalization of $138.49 million and a P/E ratio of 10.93.
In related news, insider David Hammond sold 2,150,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of A$0.52 ($0.37), for a total value of A$1,115,850.00 ($791,382.98). Also, insider Graeme Dunn 300,926 shares of the firm’s stock in a transaction on Tuesday, September 10th.
Southern Cross Electrical Engineering Limited provides electrical, instrumentation, communication, and maintenance services in Australia, South America, and the Caribbean. The company's Electrical and Instrumentation (E&I) Construction division installs and commissions greenfield and brownfield upgrade projects in metropolitan, remote, and challenging environments.
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