Insider Buying: Ardent Leisure Ltd (ALG) Insider Buys 1,864,397 Shares of Stock

Ardent Leisure Ltd (ASX:ALG) insider Gary Weiss bought 1,864,397 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were bought at an average cost of A$1.18 ($0.84) per share, with a total value of A$2,199,988.46 ($1,560,275.50).

Shares of ALG traded up A$0.01 ($0.01) during mid-day trading on Friday, hitting A$1.24 ($0.88). The company’s stock had a trading volume of 609,865 shares. Ardent Leisure Ltd has a one year low of A$1.09 ($0.77) and a one year high of A$1.68 ($1.19). The company has a current ratio of 0.37, a quick ratio of 0.15 and a debt-to-equity ratio of 23.10. The stock has a market capitalization of $594.84 million and a price-to-earnings ratio of -6.05.

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Ardent Leisure Company Profile

Ardent Leisure Group Limited invests in and operates leisure and entertainment businesses in Australia and the United States. The company operates through US Entertainment Centres and Australian Theme Parks segments. The US Entertainment Centres segment operates 41 entertainment centers in Texas, Arizona, Georgia, Illinois, Kentucky, Missouri, New Mexico, Ohio, Oklahoma, Kansas, Florida, Indiana, Pennsylvania, Tennessee, Maryland, and Delaware.

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