Insider Buying: Smart Parking Limited (ASX:SPZ) Insider Buys A$996,360.00 in Stock

Smart Parking Limited (ASX:SPZ) insider Christopher Morris acquired 1,380,000 shares of the business’s stock in a transaction dated Tuesday, April 8th. The shares were acquired at an average cost of A$0.72 ($0.45) per share, with a total value of A$996,360.00 ($626,641.51).

Smart Parking Stock Performance

The company has a debt-to-equity ratio of 36.94, a current ratio of 1.22 and a quick ratio of 1.27. The stock has a market cap of $338.80 million, a price-to-earnings ratio of 91.44 and a beta of 1.38.

About Smart Parking

Smart Parking Limited engages in the design, development, and management of parking management solutions in New Zealand, Australia, Germany, and the United Kingdom. It operates through Parking Management, Technology, and Research and Development segments. The company provides parking management services for cars using automatic number plate recognition (ANPR) camera systems that are designed to monitor private car parks for businesses.