Spirit Technology Solutions Ltd (ASX:ST1) Insider Buys A$60,001.23 in Stock

Spirit Technology Solutions Ltd (ASX:ST1) insider Julian Challingsworth acquired 139,214 shares of the company’s stock in a transaction on Tuesday, April 8th. The stock was acquired at an average cost of A$0.43 ($0.27) per share, with a total value of A$60,001.23 ($37,975.46).

Julian Challingsworth also recently made the following trade(s):

• On Tuesday, April 1st, Julian Challingsworth purchased 23,970 shares of Spirit Technology Solutions stock. The stock was acquired at an average cost of A$0.47 ($0.30) per share, with a total value of A$11,265.90 ($7,130.32).
• On Friday, April 4th, Julian Challingsworth acquired 1,129 shares of Spirit Technology Solutions stock. The shares were bought at an average price of A$0.46 ($0.29) per share, for a total transaction of A$519.34 ($328.70).

Spirit Technology Solutions Price Performance

The firm has a market capitalization of $103.03 million, a P/E ratio of -54.54 and a beta of 1.09. The company has a quick ratio of 0.57, a current ratio of 0.74 and a debt-to-equity ratio of 49.04.

Spirit Technology Solutions Company Profile

Spirit Technology Solutions Ltd. engages in the provision of collaboration and communication, cyber security, and managed information technology (IT) services in Australia. The company operates through three segments: Collaboration and Communication, Cyber Security, and Managed Services (IT&T). The Collaboration and Communication segment provides voice, managed service, and data and office technology solutions for small businesses.