Shares of QV Equities Ltd (ASX:QVE) shot up 1% during mid-day trading on Wednesday . The stock traded as high as A$1.05 ($0.74) and last traded at A$1.05 ($0.74), 177,933 shares traded hands during trading. The stock had previously closed at A$1.04 ($0.73).
The firm has a market capitalization of $288.78 million and a P/E ratio of 26.13. The stock’s fifty day moving average is A$1.04.
In other QV Equities news, insider Jennifer Horrigan acquired 29,200 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The shares were bought at an average cost of A$1.03 ($0.73) per share, with a total value of A$30,105.20 ($21,351.21). Also, insider Anton Tagliaferro acquired 50,000 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The shares were acquired at an average cost of A$1.05 ($0.75) per share, for a total transaction of A$52,550.00 ($37,269.50). Over the last three months, insiders have purchased 679,200 shares of company stock worth $706,355.
QV Equities Company Profile (ASX:QVE)
QV Equities Limited is a listed investment company launched and managed by Investors Mutual Limited. The firm invests in the public equity markets of Australia. It invests primarily in entities outside of the S&P/ASX 20 Index. The firm invests in the value stocks. It employs a bottom up research to create its portfolio.
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