AMA Group (ASX:AMA) Reaches New 52-Week High at $1.32
AMA Group Ltd (ASX:AMA) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as A$1.32 ($0.94) and last traded at A$1.30 ($0.92), with a volume of 2193795 shares traded. The stock had previously closed at A$1.25 ($0.89).
The company has a current ratio of 0.79, a quick ratio of 0.42 and a debt-to-equity ratio of 51.85. The company has a market capitalization of $717.09 million and a PE ratio of 41.56.
In other AMA Group news, insider Anthony Day purchased 100,000 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The stock was bought at an average cost of A$1.19 ($0.84) per share, for a total transaction of A$119,000.00 ($84,397.16).
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AMA Group Limited provides automotive aftercare services and accessories in Australia. The company operates through Vehicle Panel Repair, Manufacturing, Distribution, Remanufacturing, and Workshop segments. It provides vehicle panel repair services, as well as automotive workshops and performance products; manufactures motor vehicle protection products and Ute/commercial accessories; distributes automotive electrical and 4WD accessories; and remanufactures and repairs motor vehicle components.
Further Reading: What is a back-end load?
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