Insider Buying: Speedcast International Ltd (ASX:SDA) Insider Buys A$144,000.00 in Stock

Speedcast International Ltd (ASX:SDA) insider Peter Jackson acquired 80,000 shares of the firm’s stock in a transaction on Thursday, July 18th. The shares were bought at an average price of A$1.80 ($1.28) per share, for a total transaction of A$144,000.00 ($102,127.66).

Shares of SDA stock opened at A$1.92 ($1.36) on Tuesday. Speedcast International Ltd has a 1 year low of A$1.67 ($1.18) and a 1 year high of A$6.83 ($4.84). The company has a debt-to-equity ratio of 226.92, a quick ratio of 1.21 and a current ratio of 1.32. The company’s 50 day moving average is A$2.87. The stock has a market capitalization of $459.10 million and a P/E ratio of 239.38.

Speedcast International Company Profile

Speedcast International Limited, together with its subsidiaries, provides remote communications and IT services. The company offers managed satellite, cellular, and fiber network services; and designs, deploys, operates, and maintains telecommunications networks. It also provides value-added services, including user applications, network optimization, and network monitoring and management.

Read More: What is the balance sheet?

Receive News & Ratings for Speedcast International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Speedcast International and related companies with MarketBeat.com's FREE daily email newsletter.