Insider Buying: Boom Logistics Limited (ASX:BOL) Insider Buys A$203,000.00 in Stock

Boom Logistics Limited (ASX:BOL – Get Rating) insider Damian Banks purchased 1,400,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 28th. The shares were purchased at an average price of A$0.15 ($0.10) per share, with a total value of A$203,000.00 ($137,162.16).

Boom Logistics Stock Performance

The company has a debt-to-equity ratio of 53.05, a quick ratio of 0.71 and a current ratio of 0.79.

Boom Logistics Company Profile

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Boom Logistics Limited provides lifting solutions and labour services to mining and resources, infrastructure and construction, wind, energy, and utilities, industrial maintenance, and telecommunications sectors in Australia. The company operates in two segments, Lifting Solutions and Labour Hire. It offers mobile and crawler cranes for wet and dry hire with short or long term hire facilities; travel towers and access equipment, and associated services.