Security Matters Limited (ASX:SMX) Insider Jonathan Downes Purchases 500,000 Shares

Security Matters Limited (ASX:SMX) insider Jonathan Downes purchased 500,000 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The shares were purchased at an average cost of A$0.02 ($0.02) per share, for a total transaction of A$12,000.00 ($7,894.74).

Security Matters Price Performance

The company has a debt-to-equity ratio of 21.22, a quick ratio of 0.71 and a current ratio of 1.09.

Security Matters Company Profile

Security Matters Limited engages in the development and commercialization of track and trace technologies for various industries in Australia. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.