Insider Buying: Mader Group Limited (ASX:MAD) Insider Acquires A$3,780,000.00 in Stock

Mader Group Limited (ASX:MADGet Free Report) insider Justin Nuich purchased 750,000 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was purchased at an average price of A$5.04 ($3.43) per share, for a total transaction of A$3,780,000.00 ($2,571,428.57).

Justin Nuich also recently made the following trade(s):

  • On Thursday, August 22nd, Justin Nuich acquired 5,650 shares of Mader Group stock. The stock was purchased at an average price of A$5.31 ($3.61) per share, with a total value of A$30,012.80 ($20,416.87).

Mader Group Price Performance

The company has a quick ratio of 1.40, a current ratio of 1.69 and a debt-to-equity ratio of 43.48.

About Mader Group

(Get Free Report)

Mader Group Limited, a contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia and internationally. It offers fabrication and line boring, electrical services, mechanical maintenance, and component exchange; infrastructure maintenance, rail services, power generation and marine, road transport maintenance, maintenance project, specialised tool hire, clean team, maintenance centre, and training and mentoring services.

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