Boom Logistics Limited (ASX:BOL) Insider Buys A$28,020.00 in Stock

Boom Logistics Limited (ASX:BOL) insider Damian Banks bought 20,000 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average cost of A$1.40 ($0.88) per share, for a total transaction of A$28,020.00 ($17,622.64).

Damian Banks also recently made the following trade(s):

• On Tuesday, March 11th, Damian Banks acquired 20,000 shares of Boom Logistics stock. The shares were acquired at an average cost of A$1.50 ($0.94) per share, with a total value of A$30,040.00 ($18,893.08).
• On Thursday, February 27th, Damian Banks bought 20,000 shares of Boom Logistics stock. The shares were acquired at an average cost of A$1.54 ($0.97) per share, for a total transaction of A$30,780.00 ($19,358.49).

Boom Logistics Price Performance

The company has a debt-to-equity ratio of 73.56, a quick ratio of 0.71 and a current ratio of 0.97. The company has a market cap of $55.89 million, a P/E ratio of 86.50 and a beta of 0.81.

About Boom Logistics

Boom Logistics Limited provides lifting solutions to mining and resources, infrastructure and construction, wind, energy, and utilities, industrial maintenance, and telecommunications sectors in Australia. It offers cranes, such as mobile and crawler cranes, travel towers, access equipment, and associated services.