Polynovo Ltd (ASX:PNV) Insider Buys A$140,000.00 in Stock

Polynovo Ltd (ASX:PNV) insider David Williams purchased 100,000 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were bought at an average cost of A$1.40 ($0.99) per share, with a total value of A$140,000.00 ($99,290.78).

David Williams also recently made the following trade(s):

  • On Tuesday, March 17th, David Williams acquired 100,000 shares of Polynovo stock. The shares were acquired at an average price of A$1.48 ($1.05) per share, for a total transaction of A$147,500.00 ($104,609.93).
  • On Monday, March 9th, David Williams acquired 500,000 shares of Polynovo stock. The shares were acquired at an average price of A$2.10 ($1.49) per share, for a total transaction of A$1,049,500.00 ($744,326.24).
  • On Thursday, February 27th, David Williams acquired 100,000 shares of Polynovo stock. The shares were acquired at an average price of A$2.28 ($1.62) per share, for a total transaction of A$228,000.00 ($161,702.13).

PNV stock opened at A$1.54 ($1.09) on Friday. Polynovo Ltd has a 52-week low of A$0.71 ($0.50) and a 52-week high of A$3.29 ($2.33). The stock’s fifty day simple moving average is A$2.41 and its 200-day simple moving average is A$2.22. The company has a quick ratio of 4.56, a current ratio of 6.28 and a debt-to-equity ratio of 9.87. The stock has a market capitalization of $1.02 billion and a price-to-earnings ratio of -256.67.

About Polynovo

Polynovo Limited, a medical device company, designs, develops, and manufactures dermal regeneration solutions in Australia. The company focuses on the development and commercialization of medical devices using its NovoSorb technology in the treatment of burns, surgical wounds, and negative pressure wound therapy.

Further Reading: Cost of Equity

Receive News & Ratings for Polynovo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polynovo and related companies with MarketBeat.com's FREE daily email newsletter.