Speedcast International (ASX:SDA) Stock Price Down 0.8%

Speedcast International Ltd (ASX:SDA) shares were down 0.8% during mid-day trading on Monday . The stock traded as low as A$1.73 ($1.23) and last traded at A$1.76 ($1.24), approximately 1,364,211 shares changed hands during mid-day trading. The stock had previously closed at A$1.77 ($1.26).

The company has a market cap of $412.36 million and a PE ratio of 215.00. The stock’s fifty day moving average price is A$2.08. The company has a quick ratio of 1.21, a current ratio of 1.32 and a debt-to-equity ratio of 226.92.

In other Speedcast International news, insider Peter Jackson purchased 80,000 shares of the business’s stock in a transaction on Thursday, July 18th. The shares were bought at an average cost of A$1.80 ($1.28) per share, for a total transaction of A$144,000.00 ($102,127.66). Also, insider Pierre-Jean Beylier 430,824 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd.

About Speedcast International (ASX:SDA)

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.

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