Jumbo Interactive Limited (ASX:JIN) Insider Buys A$93,304.00 in Stock

Jumbo Interactive Limited (ASX:JIN) insider Michael (Mike) Veverka bought 8,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were purchased at an average price of A$11.66 ($7.24) per share, with a total value of A$93,304.00 ($57,952.80).

Jumbo Interactive Stock Performance

The company has a debt-to-equity ratio of 2.69, a quick ratio of 2.47 and a current ratio of 1.90. The company has a market capitalization of $829.76 million, a P/E ratio of 19.24, a price-to-earnings-growth ratio of 1.23 and a beta of 1.00.

Jumbo Interactive Cuts Dividend

The company also recently announced a Interim dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, March 13th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a dividend yield of 1.99%. Jumbo Interactive’s payout ratio is currently 79.71%.

Jumbo Interactive Company Profile

Jumbo Interactive Limited engages in the retail of lottery tickets through internet and mobile devices in Australia, the United Kingdom, Canada, Fiji, and internationally. It operates through three segments: Lottery Retailing, Software-as-a-Service, and Managed Services. The company is involved in the retail of digital lottery tickets through Oz Lotteries; licenses Powered by Jumbo, a digital lottery platform solution to government and charity lottery operators; and lottery management services, including prize procurement, lottery game design, campaign marketing, and customer relationship and draw management services to charities.