Insider Buying: Advanced Braking Technology Limited (ASX:ABV) Insider Acquires 253,388 Shares of Stock

Advanced Braking Technology Limited (ASX:ABV) insider David Slack purchased 253,388 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The shares were purchased at an average cost of A$0.05 ($0.03) per share, with a total value of A$11,909.24 ($7,783.81).

Advanced Braking Technology Stock Performance

The company has a quick ratio of 1.78, a current ratio of 4.73 and a debt-to-equity ratio of 15.47.

About Advanced Braking Technology

Advanced Braking Technology Limited engages in the research, design, development, manufacture, distribution, and sale of braking solutions worldwide. The company offers braking solutions for light, heavy, defense, and electric vehicles, as well as autonomous vehicle emergency braking and brake controllers under the ABT Failsafe, ABT Failsafe Emergency, and Terra Dura brand names.