FlexiGroup Limited (ASX:FXL) Insider Rajeev Dhawan Acquires 30,000 Shares
FlexiGroup Limited (ASX:FXL) insider Rajeev Dhawan acquired 30,000 shares of the stock in a transaction on Thursday, March 19th. The shares were bought at an average price of A$0.64 ($0.45) per share, for a total transaction of A$19,200.00 ($13,617.02).
Shares of FXL stock traded up A$0.14 ($0.10) during trading hours on Thursday, reaching A$0.57 ($0.40). The company’s stock had a trading volume of 6,027,554 shares, compared to its average volume of 664,422. The company has a quick ratio of 48.98, a current ratio of 49.01 and a debt-to-equity ratio of 399.91. FlexiGroup Limited has a fifty-two week low of A$0.95 ($0.67) and a fifty-two week high of A$2.71 ($1.92). The company has a market capitalization of $222.83 million and a price-to-earnings ratio of 3.58. The firm’s 50 day simple moving average is A$1.45 and its 200-day simple moving average is A$1.87.
The company also recently announced a Interim dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, April 14th will be given a $0.039 dividend. This represents a yield of 2.19%. The ex-dividend date of this dividend is Friday, March 6th. FlexiGroup’s payout ratio is 50.63%.
FlexiGroup Limited provides consumer revolving finance, card, leasing, and rental financing services in Australia, New Zealand, and Ireland. It operates through six segments: Certegy, AU Cards, Consumer Leasing, Commercial Leasing, NZ Leasing, and NZ Cards. The company offers leasing services to consumers, businesses, and corporations; and interest free finance to enable customers to facilitate purchases at participating retailer's point of sale and online.
See Also: What is systematic risk?
Receive News & Ratings for FlexiGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexiGroup and related companies with MarketBeat.com's FREE daily email newsletter.