Matrix Composites & Engineering (ASX:MCE) Insider Purchases A$36,819.25 in Stock

Matrix Composites & Engineering Ltd (ASX:MCEGet Free Report) insider Brendan Cocks bought 147,277 shares of Matrix Composites & Engineering stock in a transaction dated Tuesday, September 30th. The stock was purchased at an average price of A$0.25 per share, for a total transaction of A$36,819.25.

Matrix Composites & Engineering Price Performance

The company has a current ratio of 2.63, a quick ratio of 2.14 and a debt-to-equity ratio of 127.01. The company has a market cap of $49.24 million, a P/E ratio of 13.25 and a beta of 0.41.

About Matrix Composites & Engineering

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Matrix Composites & Engineering Ltd designs, engineers, manufactures, and sells composite and material technology solutions to the oil and gas, civil and infrastructure, resources, defense, and transportation industries in Australia and internationally. It offers autonomous underwater vehicles/unmanned underwater vehicles buoyancy, distributed buoyancy module systems, drill riser buoyancy systems, matrix longitudinal groove system (LGS) riser buoyancy system, and Matrix LGS surf systems, as well as Matrix MarineShield, a wraparound corrosion protection system for the preservation of pipelines, risers, piles, and other critical field infrastructure.

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