Lindsay Australia Limited (ASX:LAU) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as A$0.35 ($0.24) and last traded at A$0.35 ($0.24), with a volume of 100913 shares traded. The stock had previously closed at A$0.35 ($0.25).

The company has a quick ratio of 0.83, a current ratio of 1.05 and a debt-to-equity ratio of 133.06. The firm has a market capitalization of $102.42 million and a PE ratio of 12.32.

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Lindsay Australia Company Profile (ASX:LAU)

Lindsay Australia Limited provides transport, logistics, and rural supply services to the food processing, food services, fresh produce, rural, and horticultural sectors in Australia. It operates through Transport and Rural segments. The Transport segment is involved in the cartage of general and refrigerated products, and ancillary sales.

Further Reading: How do analysts define an oversold condition?

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