Australian Finance Group (ASX:AFG) Shares Up 3.6%

Australian Finance Group Ltd (ASX:AFG)’s stock price shot up 3.6% on Friday . The stock traded as high as A$2.34 ($1.66) and last traded at A$2.33 ($1.65), 320,481 shares traded hands during trading. The stock had previously closed at A$2.25 ($1.60).

The stock’s 50 day simple moving average is A$2.03.

In related news, insider Brett McKeon acquired 240,440 shares of the company’s stock in a transaction on Friday, August 23rd. The shares were acquired at an average cost of A$2.20 ($1.56) per share, for a total transaction of A$528,968.00 ($375,154.61).

Further Reading: Quick Ratio

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