Quickfee (ASX:QFE) Trading Down 1.3%

Quickfee Limited (ASX:QFE)’s stock price was down 1.3% on Friday . The company traded as low as A$0.38 ($0.27) and last traded at A$0.38 ($0.27), approximately 342,724 shares were traded during mid-day trading. The stock had previously closed at A$0.39 ($0.27).

The stock has a 50-day moving average price of A$0.42. The company has a debt-to-equity ratio of 6,702.19, a quick ratio of 1.02 and a current ratio of 1.03. The firm has a market capitalization of $54.57 million and a price-to-earnings ratio of -0.89.

In other Quickfee news, insider Dale Smorgon bought 1,219,817 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was acquired at an average price of A$0.53 ($0.37) per share, with a total value of A$640,403.93 ($454,187.18).

About Quickfee (ASX:QFE)

QuickFee Limited provides finance solutions to clients and firms in Australia and the United States. The company offers a payment portal and SME lending to clients of accounting and law firms. It provides QuickFee platform that enables clients to take on financing for invoices raised by the accounting and law firms, as well as pay those invoices by EFT or credit card.

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