Insider Buying: xReality Group Limited (ASX:XRG) Insider Acquires 657,894 Shares of Stock

xReality Group Limited (ASX:XRG) insider Philip Copeland acquired 657,894 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were bought at an average cost of A$0.04 ($0.03) per share, with a total value of A$26,315.76 ($16,761.63).

xReality Group Stock Performance

The company has a debt-to-equity ratio of 250.45, a quick ratio of 0.60 and a current ratio of 0.68. The firm has a market cap of $22.27 million, a price-to-earnings ratio of -4.27 and a beta of 1.09.

About xReality Group

xReality Group Limited owns and operates indoor skydiving facilities in Australia and Malaysia. The company operates in two segments, Entertainment and Enterprise. It owns and operates indoor skydiving facilities under the brand iFly Downunder in Penrith, Sydney; and iFLY Gold Coast brand in Surfers Paradise, Queensland.