Insider Selling: Kip McGrath Education Centres Limited (KME) Insider Sells A$36,371.00 in Stock

Kip McGrath Education Centres Limited (ASX:KME) insider Kip McGrath sold 37,000 shares of Kip McGrath Education Centres stock in a transaction that occurred on Wednesday, January 30th. The shares were sold at an average price of A$0.98 ($0.70), for a total value of A$36,371.00 ($25,795.04).

Shares of ASX KME opened at A$0.80 ($0.57) on Monday. The firm has a market cap of $36.03 million and a P/E ratio of 19.05. The company has a debt-to-equity ratio of 5.34, a current ratio of 1.00 and a quick ratio of 0.96.

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About Kip McGrath Education Centres

Kip McGrath Education Centres Limited provides supplementary English and maths education services in Australasia, the United Kingdom, Europe, and internationally. It sells franchises and offers services to franchisees in the education field. The company also offers tutorial assistance in reading, spelling, comprehension, English, and maths for primary and secondary students; and KipOnline, a real time face-to-face online tutoring service.

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