Insider Buying: Boom Logistics Limited (ASX:BOL) Insider Purchases 20,000 Shares of Stock

Boom Logistics Limited (ASX:BOL) insider Damian Banks purchased 20,000 shares of the business’s stock in a transaction dated Friday, April 4th. The shares were acquired at an average price of A$1.34 ($0.80) per share, with a total value of A$26,820.00 ($16,059.88).

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

• On Thursday, March 20th, Damian Banks acquired 20,000 shares of Boom Logistics stock. The stock was purchased at an average price of A$1.40 ($0.84) per share, with a total value of A$28,020.00 ($16,778.44).
• On Tuesday, March 11th, Damian Banks purchased 20,000 shares of Boom Logistics stock. The stock was bought at an average cost of A$1.50 ($0.90) per share, for a total transaction of A$30,040.00 ($17,988.02).
• On Thursday, February 27th, Damian Banks acquired 20,000 shares of Boom Logistics stock. The stock was acquired at an average cost of A$1.54 ($0.92) per share, for a total transaction of A$30,780.00 ($18,431.14).

Boom Logistics Stock 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 stock has a market capitalization of $55.89 million, a PE ratio of 86.50 and a beta of 0.81.

Boom Logistics Company Profile

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.