Ingenia Communities Group (ASX:INA) Reaches New 12-Month High at $5.05

Ingenia Communities Group (ASX:INA) shares reached a new 52-week high during trading on Friday . The company traded as high as A$5.05 ($3.58) and last traded at A$4.99 ($3.54), with a volume of 1059289 shares changing hands. The stock had previously closed at A$4.98 ($3.53).

The business has a 50-day simple moving average of A$4.77 and a 200 day simple moving average of A$4.21. The firm has a market cap of $1.36 billion and a P/E ratio of 38.68. The company has a debt-to-equity ratio of 40.62, a quick ratio of 0.36 and a current ratio of 1.20.

In other Ingenia Communities Group news, insider Simon Owen sold 10,286 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of A$4.90 ($3.48), for a total transaction of A$50,401.40 ($35,745.67). Also, insider James (Jim) Hazel bought 10,000 shares of Ingenia Communities Group stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of A$4.45 ($3.16) per share, for a total transaction of A$44,500.00 ($31,560.28).

About Ingenia Communities Group (ASX:INA)

Ingenia Communities (Ingenia) is a leading Australian property group that owns, operates and develops a growing portfolio of lifestyle communities across key urban and coastal markets. We are committed to creating communities where our residents and visitors can truly belong. Ingenia is an S&P/ASX 300 entity with a market capitalisation of over $650 million and listed on the Australian Securities Exchange under the stock market trading code ‘INA'.

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