Engenco Limited (ASX:EGN) Insider Dale Elphinstone Acquires 3,756,093 Shares

Engenco Limited (ASX:EGN) insider Dale Elphinstone purchased 3,756,093 shares of the firm’s stock in a transaction dated Friday, May 16th. The stock was acquired at an average price of A$0.31 ($0.20) per share, with a total value of A$1,145,608.37 ($739,102.17).

Dale Elphinstone also recently made the following trade(s):

• On Monday, May 12th, Dale Elphinstone acquired 2,020,904 shares of Engenco stock. The shares were acquired at an average cost of A$0.31 ($0.20) per share, for a total transaction of A$616,375.72 ($397,661.75).
• On Friday, May 2nd, Dale Elphinstone bought 1,217,081 shares of Engenco stock. The stock was acquired at an average cost of A$0.31 ($0.20) per share, with a total value of A$371,209.71 ($239,490.13).

Engenco Stock Performance

The firm has a market cap of $52.14 million, a PE ratio of 13.26 and a beta of 0.50. The company has a debt-to-equity ratio of 37.50, a quick ratio of 1.10 and a current ratio of 1.87.

Engenco Announces Dividend

The business also recently disclosed a Interim dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 27th were given a dividend of $0.005 per share. The ex-dividend date was Wednesday, March 5th. This represents a yield of 2.38%. Engenco’s dividend payout ratio (DPR) is 100.00%.

About Engenco

Engenco Limited, together with its subsidiaries, provides engineering services and products. The company operates through: Gemco Rail, Convair Engineering, Drivetrain, Workforce Solutions, and Other segments. The Gemco Rail segment engages in the remanufacture and repair of locomotives, wagons, bearings, and other rail products for rail operators and maintainers.