Ingenia Communities Group (ASX:INA) rose 0.6% during trading on Thursday . The stock traded as high as A$5.01 ($3.55) and last traded at A$4.98 ($3.53), approximately 1,008,947 shares were traded during trading. An increase of 226% from the average daily volume of 309,026 shares. The stock had previously closed at A$4.95 ($3.51).
The company has a 50 day moving average price of A$4.78 and a 200-day moving average price of A$4.22. The company has a quick ratio of 0.36, a current ratio of 1.20 and a debt-to-equity ratio of 40.62. The company has a market cap of $1.35 billion and a price-to-earnings ratio of 38.68.
In other news, insider James (Jim) Hazel acquired 10,000 shares of the stock in a transaction dated Thursday, December 12th. The stock was bought at an average price of A$4.45 ($3.16) per share, with a total value of A$44,500.00 ($31,560.28). Also, insider Simon Owen sold 10,286 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of A$4.90 ($3.48), for a total value of A$50,401.40 ($35,745.67).
Ingenia Communities (Ingenia) is a leading Australian property group that owns, operates and develops a growing portfolio of lifestyle communities across key urban and coastal markets. We are committed to creating communities where our residents and visitors can truly belong. Ingenia is an S&P/ASX 300 entity with a market capitalisation of over $650 million and listed on the Australian Securities Exchange under the stock market trading code ‘INA'.
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