Magontec Limited (ASX:MGL – Get Free Report) insider Zhong Jun Li purchased 61,630 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was acquired at an average cost of A$0.32 ($0.21) per share, with a total value of A$19,598.34 ($12,893.64).
Zhong Jun Li also recently made the following trade(s):
- On Friday, March 8th, Zhong Jun Li acquired 3,847,524 shares of Magontec stock. The shares were purchased at an average cost of A$0.59 ($0.39) per share, with a total value of A$2,277,734.21 ($1,498,509.35).
Magontec Stock Performance
The company has a debt-to-equity ratio of 8.58, a quick ratio of 1.11 and a current ratio of 3.50.
Magontec Company Profile
Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Europe, China, North America, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems.
Further Reading
- Five stocks we like better than Magontec
- Overbought Stocks Explained: Should You Trade Them?
- Carvana’s Q1 Earnings: A Profitability U-Turn
- 10 Best Airline Stocks to Buy
- Banks Were Right in Boosting Shake Shack Stock Before Earnings
- Business Services Stocks Investing
- For Cardinal Health, the Proof Will be in Its Performance
Receive News & Ratings for Magontec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magontec and related companies with MarketBeat.com's FREE daily email newsletter.