Sanjeev Gandhi Sells 40,000 Shares of Orica (ASX:ORI) Stock

Orica Limited (ASX:ORIGet Free Report) insider Sanjeev Gandhi sold 40,000 shares of Orica stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of A$26.17, for a total value of A$1,046,800.00.

Orica Price Performance

The company has a debt-to-equity ratio of 56.54, a current ratio of 1.19 and a quick ratio of 0.92. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 15.47, a P/E/G ratio of 2.22 and a beta of 0.67.

About Orica

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Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services. It also offers automation solutions, including Avatel, a machine equipped with underground development charging system; and secondary breakage and hang up blasting, a tele-remote blasting solution.

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