Shares of Adairs Ltd (ASX:ADH) fell 0.3% during trading on Tuesday . The company traded as low as A$1.43 ($1.01) and last traded at A$1.44 ($1.02), 69,159 shares traded hands during trading. The stock had previously closed at A$1.45 ($1.02).
The firm has a market cap of $243.01 million and a price-to-earnings ratio of 7.83. The stock’s 50 day simple moving average is A$1.47. The company has a debt-to-equity ratio of 21.58, a quick ratio of 0.33 and a current ratio of 1.44.
In related news, insider Trent Peterson purchased 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were bought at an average cost of A$1.41 ($1.00) per share, with a total value of A$211,200.00 ($149,787.23).
About Adairs (ASX:ADH)
Adairs Limited operates as a specialty retailer of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as quilt covers and coverlets, sheets, cotton flannelettes, pillowcases, quilts, pillows, mattress protectors, pillow protectors, blankets, nursery products, valances and bedwraps, bedspreads, mattress toppers, bath mats, bath robes and slippers, kids beach products and towels, cushions, throws, gifts and toys, wall arts, rugs, laundry and home care products, chairs, bedheads, storage and shelves, ottomans and bench seats, and tables, as well as pots and plants, gifts, baskets, throws, home décor and fragrance products, mirrors, lighting products, and tableware and pets products.
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