Philip Suriano Acquires 16,900 Shares of LaserBond Limited (ASX:LBL) Stock

LaserBond Limited (ASX:LBL) insider Philip Suriano purchased 16,900 shares of the stock in a transaction dated Tuesday, August 27th. The shares were acquired at an average cost of A$0.60 ($0.40) per share, for a total transaction of A$10,089.30 ($6,817.09).

LaserBond Stock Performance

The company has a quick ratio of 1.65, a current ratio of 2.51 and a debt-to-equity ratio of 35.28.

LaserBond Company Profile

LaserBond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components in Australia. The company offers composite carbide steel mill rolls; and drilling tools comprising hammers and drill bits.