Adveritas (ASX:AV1) Insider Mark McConnell Sells 4,000,000 Shares

Adveritas Limited (ASX:AV1) insider Mark McConnell sold 4,000,000 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of A$0.13, for a total value of A$520,000.00.

Adveritas Stock Performance

The company has a quick ratio of 2.68, a current ratio of 0.86 and a debt-to-equity ratio of -405.14. The firm has a market capitalization of $75.36 million, a price-to-earnings ratio of -6.13 and a beta of 1.69.

About Adveritas

Adveritas Limited provides funnel measurement, verification, and fraud prevention solutions for digital advertising in Australia and internationally. It develops TrafficGuard, a fraud mitigation software as a service that detects, mitigates, and reports on digital ad fraud before it hits advertising budgets; and nxus, a proprietary ad mediation platform to track and attribute channel activity to identify profitable advertising channels. The company was formerly known as Tech Mpire Limited and changed its name to Adveritas Limited in December 2018.