Megaport Ltd (ASX:MP1) insider Simon Moore sold 500,000 shares of the stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of A$6.10 ($4.33), for a total transaction of A$3,050,000.00 ($2,163,120.57).
MP1 stock opened at A$6.34 ($4.50) on Thursday. The company has a market capitalization of $854.02 million and a PE ratio of -25.98. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.59 and a quick ratio of 3.41. Megaport Ltd has a 12 month low of A$3.03 ($2.15) and a 12 month high of A$6.68 ($4.74). The business has a 50-day moving average of A$5.80.
Further Reading: What is Considered a Good Return on Equity (ROE)?
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