Nine Entertainment Co Holdings Ltd (ASX:NEC) Insider Mickie Rosen Acquires 20,000 Shares of Stock

Nine Entertainment Co Holdings Ltd (ASX:NEC) insider Mickie Rosen purchased 20,000 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was bought at an average cost of A$1.75 ($1.24) per share, for a total transaction of A$35,000.00 ($24,822.70).

NEC stock traded up A$0.04 ($0.03) during midday trading on Friday, hitting A$1.80 ($1.28). The company had a trading volume of 5,569,026 shares, compared to its average volume of 6,090,000. The stock has a market cap of $3.07 billion and a price-to-earnings ratio of 10.34. Nine Entertainment Co Holdings Ltd has a 52 week low of A$1.31 ($0.93) and a 52 week high of A$2.13 ($1.51). The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 18.46. The stock’s 50 day moving average price is A$1.77 and its 200 day moving average price is A$1.89.

About Nine Entertainment

Nine Entertainment Co Holdings Limited engages in television broadcasting and program production businesses in Australia. It operates through Television and Digital segments. The company is involved in the creation and distribution of content; and digital, Internet, subscription video, and other media activities, as well as free to air television activities.

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