Shan Shamsher Kanji Buys 6,600,000 Shares of Spirit Technology Solutions Ltd (ASX:ST1) Stock

Spirit Technology Solutions Ltd (ASX:ST1) insider Shan Shamsher Kanji bought 6,600,000 shares of the stock in a transaction on Tuesday, March 4th. The shares were acquired at an average cost of A$0.57 ($0.36) per share, with a total value of A$3,762,000.00 ($2,366,037.74).

Spirit Technology Solutions Price Performance

The stock has a market capitalization of $103.03 million, a PE ratio of -54.54 and a beta of 1.09. The company has a quick ratio of 0.57, a current ratio of 0.74 and a debt-to-equity ratio of 49.04.

About Spirit Technology Solutions

Spirit Technology Solutions Ltd. engages in the provision of collaboration and communication, cyber security, and managed information technology (IT) services in Australia. The company operates through three segments: Collaboration and Communication, Cyber Security, and Managed Services (IT&T). The Collaboration and Communication segment provides voice, managed service, and data and office technology solutions for small businesses.