Kees Weel Purchases 10,000 Shares of PWR (ASX:PWH) Stock

PWR Holdings Limited (ASX:PWH) insider Kees Weel purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were acquired at an average cost of A$7.20 per share, with a total value of A$71,970.00.

PWR Stock Performance

The company has a quick ratio of 2.42, a current ratio of 2.98 and a debt-to-equity ratio of 15.82. The company has a market capitalization of $821.61 million, a P/E ratio of 33.10, a PEG ratio of 3.21 and a beta of 0.92.

PWR Cuts Dividend

The business also recently declared a Final dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 25th were issued a $0.02 dividend. This represents a yield of 26.0%. The ex-dividend date was Wednesday, September 17th. PWR’s dividend payout ratio is currently 56.00%.

About PWR

PWR Holdings Limited engages in the design, prototyping, production, testing, validation, and sale of cooling products and solutions in Australia, the United States, the United Kingdom, Italy, Germany, and internationally. It operates in two segments, PWR Performance Products and PWR C&R. The company offers tube and fin heat exchangers, bar and plate heat exchangers, high temperature polymer SLA and aluminium powder DMLS additive manufacturing machines, liquid cold plates, brazed chassis, industrial computed tomography, and micro matrix heat exchangers; and manufactures and supplies motorsport radiators, intercoolers, and oil coolers.