Engenco Limited (ASX:EGN) Insider Dale Elphinstone Buys 15,584,811 Shares

Engenco Limited (ASX:EGN) insider Dale Elphinstone acquired 15,584,811 shares of the stock in a transaction on Monday, June 23rd. The shares were purchased at an average price of A$0.31 ($0.20) per share, for a total transaction of A$4,831,291.41 ($3,137,202.21).

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

• On Monday, June 16th, Dale Elphinstone purchased 58,073,798 shares of Engenco stock. The stock was acquired at an average price of A$0.31 ($0.20) per share, for a total transaction of A$18,002,877.38 ($11,690,180.12).
• On Thursday, May 29th, Dale Elphinstone acquired 2,147,659 shares of Engenco stock. The stock was acquired at an average price of A$0.31 ($0.20) per share, with a total value of A$655,036.00 ($425,348.05).
• On Friday, May 16th, Dale Elphinstone bought 3,756,093 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$1,145,608.37 ($743,901.54).
• On Monday, May 12th, Dale Elphinstone purchased 2,020,904 shares of Engenco stock. The stock was bought at an average price of A$0.31 ($0.20) per share, with a total value of A$616,375.72 ($400,243.97).
• On Friday, May 2nd, Dale Elphinstone acquired 1,217,081 shares of Engenco stock. The shares were bought at an average price of A$0.31 ($0.20) per share, for a total transaction of A$371,209.71 ($241,045.26).

Engenco Stock Performance

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

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.