Insider Buying: SciDev (ASX:SDV) Insider Buys A$47,000.00 in Stock

SciDev Limited (ASX:SDV) insider Sean Halpin acquired 200,000 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was acquired at an average cost of A$0.24 per share, for a total transaction of A$47,000.00.

SciDev Stock Performance

The company has a quick ratio of 1.31, a current ratio of 1.51 and a debt-to-equity ratio of 13.93. The company has a market capitalization of $45.62 million, a price-to-earnings ratio of -15.46 and a beta of 1.70.

About SciDev

SciDev Limited supplies environmental solutions focused on water intensive industries in Australia and the United States. The company offers engineering and process control; specialty chemical fluid formulations; and chemical products for applications, including flocculation, filtration, sludge dewatering, friction reduction, shale inhibition, rheology control, and pipe-on-pipe lubrication. It also provides water treatment technologies, including water treatment for mobile, temporary, and permanent treatment systems; PFAS treatment solutions; and liquid waste treatment services for modular, mobile, and onsite treatment systems.