Insider Buying: Boom Logistics (ASX:BOL) Insider Buys A$36,320.00 in Stock

Boom Logistics Limited (ASX:BOL) insider Damian Banks acquired 20,000 shares of the stock in a transaction on Tuesday, February 24th. The shares were bought at an average price of A$1.82 per share, with a total value of A$36,320.00.

Boom Logistics Stock Performance

The company has a debt-to-equity ratio of 131.91, a current ratio of 1.14 and a quick ratio of 0.71. The firm has a market cap of $74.16 million, a price-to-earnings ratio of 7.95 and a beta of 0.81.

Boom Logistics Company Profile

Boom Logistics Limited provides lifting solutions to mining and resources, infrastructure and construction, wind, energy, and utilities, industrial maintenance, and telecommunications sectors in Australia. It offers cranes, such as mobile and crawler cranes, travel towers, access equipment, and associated services. The company also provides special hydraulic mobile cranes and low profile prime movers; access equipment, including boom lifts, knuckle booms, elevated work platforms, and travel towers.