Stephe Wilks Purchases 100,000 Shares of Speedcast International Ltd (ASX:SDA) Stock

Speedcast International Ltd (ASX:SDA) insider Stephe Wilks purchased 100,000 shares of the company’s stock in a transaction that occurred on Monday, September 2nd. The stock was acquired at an average cost of A$0.80 ($0.57) per share, with a total value of A$80,000.00 ($56,737.59).

ASX SDA traded up A$0.01 ($0.01) during trading hours on Friday, hitting A$1.25 ($0.89). The company’s stock had a trading volume of 2,311,814 shares. The company has a market capitalization of $299.68 million and a P/E ratio of 156.25. The company has a debt-to-equity ratio of 226.92, a quick ratio of 1.21 and a current ratio of 1.32. The stock has a 50 day moving average price of A$1.77. Speedcast International Ltd has a 12 month low of A$1.57 ($1.11) and a 12 month high of A$6.80 ($4.82).

About Speedcast International

Speedcast International Limited, together with its subsidiaries, provides remote communications and IT services. The company offers managed satellite, cellular, and fiber network services; and designs, deploys, operates, and maintains telecommunications networks. It also provides value-added services, including user applications, network optimization, and network monitoring and management.

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