Insider Buying: Energy Action Ltd (EAX) Insider Buys 138,640 Shares of Stock

Energy Action Ltd (ASX:EAX) insider Murray Bleach bought 138,640 shares of the company’s stock in a transaction on Tuesday, April 16th. The shares were acquired at an average price of A$0.30 ($0.21) per share, for a total transaction of A$41,592.00 ($29,497.87).

Murray Bleach also recently made the following trade(s):

  • On Wednesday, April 10th, Murray Bleach bought 419,034 shares of Energy Action stock. The shares were acquired at an average price of A$0.30 ($0.21) per share, for a total transaction of A$124,872.13 ($88,561.80).
  • On Friday, April 12th, Murray Bleach bought 108,950 shares of Energy Action stock. The shares were acquired at an average price of A$0.30 ($0.21) per share, for a total transaction of A$32,685.00 ($23,180.85).

ASX EAX opened at A$0.31 ($0.22) on Friday. The company has a debt-to-equity ratio of 70.28, a quick ratio of 0.57 and a current ratio of 1.12. Energy Action Ltd has a 12-month low of A$0.25 ($0.18) and a 12-month high of A$1.17 ($0.83). The company has a market cap of $7.92 million and a price-to-earnings ratio of -0.81.

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About Energy Action

Energy Action Limited, together with its subsidiaries, provides electricity and gas procurement, contract management and environmental reporting, and sustainability services in Australia. The company operates Australian Energy Exchange for electricity and gas procurement service through online, real time, and reverse auction platform for business customers.

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