Insider Buying: 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 business’s stock in a transaction on Tuesday, April 8th. The shares were bought at an average price of A$0.43 ($0.27) per share, with a total value of A$60,001.23 ($38,217.35).

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

• On Tuesday, April 1st, Julian Challingsworth bought 23,970 shares of Spirit Technology Solutions stock. The shares were purchased at an average price of A$0.47 ($0.30) per share, for a total transaction of A$11,265.90 ($7,175.73).
• On Friday, April 4th, Julian Challingsworth purchased 1,129 shares of Spirit Technology Solutions stock. The stock was purchased at an average price of A$0.46 ($0.29) per share, with a total value of A$519.34 ($330.79).

Spirit Technology Solutions Stock Performance

The company has a debt-to-equity ratio of 49.04, a current ratio of 0.74 and a quick ratio of 0.57. The stock has a market capitalization of $103.03 million, a price-to-earnings ratio of -54.54 and a beta of 1.09.

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.