Insider Buying: Motorcycle HLDG (ASX:MTO) Insider Acquires A$59,000.00 in Stock

Motorcycle HLDG (ASX:MTO) insider Robert Cassen purchased 50,000 shares of Motorcycle stock in a transaction that occurred on Tuesday, March 17th. The stock was acquired at an average price of A$1.18 ($0.84) per share, with a total value of A$59,000.00 ($41,843.97).

MTO stock opened at A$0.64 ($0.45) on Thursday. The company has a fifty day moving average price of A$1.50 and a 200 day moving average price of A$1.94. Motorcycle HLDG has a 12 month low of A$1.00 ($0.71) and a 12 month high of A$2.50 ($1.77). The company has a market cap of $39.18 million and a price-to-earnings ratio of 4.96. The company has a debt-to-equity ratio of 80.54, a current ratio of 1.67 and a quick ratio of 0.27.

About Motorcycle

MotorCycle Holdings Limited operates as a motorcycle dealer in Australia. It operates in two segments, Motorcycle Retailing and Motorcycle Accessories Wholesaling. The company is involved in the sale of new motorcycles, used motorcycles, and accessories and parts; and finance, insurance, and warranty activities, as well as servicing and repair of motorcycles.

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