Insider Buying: Advanced Braking Technology Limited (ASX:ABV) Insider Acquires 120,000 Shares of Stock

Advanced Braking Technology Limited (ASX:ABV) insider Lee (Les) Guthrie purchased 120,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was bought at an average cost of A$0.08 ($0.05) per share, for a total transaction of A$10,080.00 ($6,545.45).

Advanced Braking Technology Price Performance

The company has a current ratio of 3.64, a quick ratio of 1.78 and a debt-to-equity ratio of 16.14.

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.