Insider Buying: LaserBond Limited (ASX:LBL) Insider Buys 16,900 Shares of Stock

LaserBond Limited (ASX:LBL) insider Philip Suriano bought 16,900 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was purchased at an average cost of A$0.60 ($0.40) per share, for a total transaction of A$10,089.30 ($6,817.09).

LaserBond Price Performance

The company has a debt-to-equity ratio of 35.28, a current ratio of 2.51 and a quick ratio of 1.65.

LaserBond Company Profile

LaserBond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components in Australia. The company offers composite carbide steel mill rolls; and drilling tools comprising hammers and drill bits.