Insider Buying: Engenco Limited (ASX:EGN) Insider Buys 2,020,904 Shares of Stock

Engenco Limited (ASX:EGN) insider Dale Elphinstone acquired 2,020,904 shares of the firm’s stock in a transaction on Monday, May 12th. The stock was purchased at an average price of A$0.31 ($0.20) per share, with a total value of A$616,375.72 ($395,112.64).

Dale Elphinstone also recently made the following trade(s):

• On Friday, May 2nd, Dale Elphinstone acquired 1,217,081 shares of Engenco stock. The stock was purchased at an average price of A$0.31 ($0.20) per share, with a total value of A$371,209.71 ($237,954.94).

Engenco Price Performance

The stock has a market capitalization of $52.14 million, a price-to-earnings ratio of 13.26 and a beta of 0.50. The company has a debt-to-equity ratio of 37.50, a quick ratio of 1.10 and a current ratio of 1.87.

Engenco Dividend Announcement

The company also recently disclosed a Interim dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th were given a $0.005 dividend. The ex-dividend date was Wednesday, March 5th. This represents a dividend yield of 2.38%. Engenco’s dividend payout ratio (DPR) is currently 100.00%.

About Engenco

Engenco Limited, together with its subsidiaries, provides engineering services and products. The company operates through: Gemco Rail, Convair Engineering, Drivetrain, Workforce Solutions, and Other segments. The Gemco Rail segment engages in the remanufacture and repair of locomotives, wagons, bearings, and other rail products for rail operators and maintainers.