FlexiGroup Limited (ASX:FXL) Insider Rajeev Dhawan Acquires 30,000 Shares

FlexiGroup Limited (ASX:FXL) insider Rajeev Dhawan acquired 30,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were bought at an average cost of A$0.64 ($0.45) per share, with a total value of A$19,200.00 ($13,617.02).

Shares of ASX FXL traded up A$0.14 ($0.10) on Thursday, reaching A$0.57 ($0.40). 6,027,554 shares of the company traded hands, compared to its average volume of 664,422. FlexiGroup Limited has a fifty-two week low of A$0.95 ($0.67) and a fifty-two week high of A$2.71 ($1.92). The company has a 50 day moving average of A$1.45 and a 200 day moving average of A$1.87. The company has a current ratio of 49.01, a quick ratio of 48.98 and a debt-to-equity ratio of 399.91. The stock has a market capitalization of $222.83 million and a PE ratio of 3.58.

The business also recently disclosed a Interim dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, April 14th will be paid a dividend of $0.039 per share. This represents a dividend yield of 2.19%. The ex-dividend date of this dividend is Friday, March 6th. FlexiGroup’s dividend payout ratio is currently 50.63%.

FlexiGroup Company Profile

FlexiGroup Limited provides consumer revolving finance, card, leasing, and rental financing services in Australia, New Zealand, and Ireland. It operates through six segments: Certegy, AU Cards, Consumer Leasing, Commercial Leasing, NZ Leasing, and NZ Cards. The company offers leasing services to consumers, businesses, and corporations; and interest free finance to enable customers to facilitate purchases at participating retailer's point of sale and online.

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