MotorCycle (ASX:MTO) Insider Purchases A$22,215.60 in Stock

MotorCycle Holdings Limited (ASX:MTO) insider Nicola(Nikki) Thomas purchased 6,732 shares of the stock in a transaction on Wednesday, September 24th. The shares were acquired at an average cost of A$3.30 per share, for a total transaction of A$22,215.60.

Nicola(Nikki) Thomas also recently made the following trade(s):

• On Monday, September 15th, Nicola(Nikki) Thomas bought 3,268 shares of MotorCycle stock. The shares were acquired at an average price of A$3.30 per share, with a total value of A$10,784.40.

MotorCycle Stock Performance

The company has a debt-to-equity ratio of 72.19, a current ratio of 1.78 and a quick ratio of 0.18. The firm has a market capitalization of $132.85 million, a price-to-earnings ratio of 9.40, a P/E/G ratio of -1.28 and a beta of 1.26.

MotorCycle Cuts Dividend

The business also recently declared a Final dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 23rd were issued a $0.05 dividend. This represents a yield of 137.0%. The ex-dividend date of this dividend was Monday, September 8th. MotorCycle’s dividend payout ratio is currently 73.68%.

MotorCycle Company Profile

MotorCycle Holdings Limited owns and operates motorcycle dealerships in Australia. It operates through two segments, Motorcycle Retailing and Motorcycle Accessories Wholesaling. The company is involved in the sale of new motorcycles, used motorcycles, accessories and parts, and mechanical protection plan contracts; wholesaling and retailing of motorcycle accessories; and financing and insurance services for motorcycle purchases through third-party sources, as well as servicing and repair of motorcycles.