Advanced Braking Technology Limited (ASX:ABV) Insider Buys A$218,075.72 in Stock

Advanced Braking Technology Limited (ASX:ABV) insider David Slack purchased 2,659,460 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were purchased at an average cost of A$0.08 ($0.05) per share, for a total transaction of A$218,075.72 ($140,694.01).

Advanced Braking Technology Price Performance

The company has a current ratio of 3.64, a quick ratio of 1.78 and a debt-to-equity ratio of 16.14.

Advanced Braking Technology Company Profile

Advanced Braking Technology Limited engages in the research, design, development, manufacture, distribution, and sale of braking solutions worldwide. The company offers braking solutions for light, heavy, defense, and electric vehicles, as well as autonomous vehicle emergency braking and brake controllers under the ABT Failsafe, ABT Failsafe Emergency, and Terra Dura brand names.