Austal (ASX:ASB) Insider Acquires A$27,000.00 in Stock

Austal Limited (ASX:ASB) insider Richard Gibb bought 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of A$5.40 per share, with a total value of A$27,000.00.

Austal Stock Performance

The stock has a market cap of $2.25 billion, a PE ratio of 23.68, a P/E/G ratio of 1.78 and a beta of 0.70. The company has a quick ratio of 1.07, a current ratio of 1.69 and a debt-to-equity ratio of 30.62.

About Austal

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies. It also develops and integrates advanced vessel control and information management systems, including MARINELINK, an integrated monitoring and control system; and motion control systems and interceptors.