Collection House (ASX:CLH) Shares Down 0.8%

Shares of Collection House Limited (ASX:CLH) fell 0.8% during trading on Thursday . The company traded as low as A$1.22 ($0.86) and last traded at A$1.22 ($0.87), 206,215 shares traded hands during mid-day trading. An increase of 35% from the average session volume of 153,056 shares. The stock had previously closed at A$1.23 ($0.87).

The company has a quick ratio of 3.83, a current ratio of 4.09 and a debt-to-equity ratio of 72.43. The stock’s 50 day moving average is A$1.24. The company has a market cap of $169.92 million and a P/E ratio of 6.46.

In related news, insider Michael Knox bought 20,000 shares of the firm’s stock in a transaction on Wednesday, April 17th. The stock was bought at an average cost of A$1.26 ($0.89) per share, for a total transaction of A$25,200.00 ($17,872.34).

About Collection House (ASX:CLH)

Collection House Limited provides debt collection and receivables management services in Australia and New Zealand. The company operates through Collection Services and Purchased Debt Ledgers segments. It offers debt collections services to clients in the Australasian financial services, insurance, public utility, credit, and government enterprise markets; and debt purchasing services for banking, finance, telecommunications, and energy sectors.

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