Insider Selling: Adveritas (ASX:AV1) Insider Sells 4,000,000 Shares of Stock

Adveritas Limited (ASX:AV1) insider Mark McConnell sold 4,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of A$0.13, for a total transaction of A$520,000.00.

Adveritas Price Performance

The company has a debt-to-equity ratio of -405.14, a current ratio of 0.86 and a quick ratio of 2.68. The company has a market capitalization of $75.36 million, a P/E ratio of -6.13 and a beta of 1.69.

About Adveritas

Adveritas Limited provides funnel measurement, verification, and fraud prevention solutions for digital advertising in Australia and internationally. It develops TrafficGuard, a fraud mitigation software as a service that detects, mitigates, and reports on digital ad fraud before it hits advertising budgets; and nxus, a proprietary ad mediation platform to track and attribute channel activity to identify profitable advertising channels. The company was formerly known as Tech Mpire Limited and changed its name to Adveritas Limited in December 2018.