Insider Buying: Freelancer (ASX:FLN) Insider Purchases A$91,751.28 in Stock

Freelancer Limited (ASX:FLN) insider Robert (Matt) Barrie acquired 382,297 shares of the business’s stock in a transaction dated Tuesday, October 21st. The stock was purchased at an average cost of A$0.24 per share, for a total transaction of A$91,751.28.

Robert (Matt) Barrie also recently made the following trade(s):

• On Tuesday, September 30th, Robert (Matt) Barrie acquired 1,170,654 shares of Freelancer stock. The stock was purchased at an average cost of A$0.25 per share, for a total transaction of A$286,810.23.
• On Tuesday, September 23rd, Robert (Matt) Barrie bought 276,877 shares of Freelancer stock. The shares were bought at an average cost of A$0.25 per share, for a total transaction of A$69,219.25.
• On Tuesday, September 23rd, Robert (Matt) Barrie bought 557,300 shares of Freelancer stock. The shares were bought at an average cost of A$0.25 per share, for a total transaction of A$139,325.00.
• On Thursday, September 11th, Robert (Matt) Barrie bought 77,123 shares of Freelancer stock. The shares were bought at an average cost of A$0.25 per share, for a total transaction of A$19,280.75.
• On Friday, August 29th, Robert (Matt) Barrie bought 433,300 shares of Freelancer stock. The shares were bought at an average cost of A$0.24 per share, for a total transaction of A$101,825.50.
• On Thursday, August 7th, Robert (Matt) Barrie bought 100,000 shares of Freelancer stock. The shares were bought at an average cost of A$0.29 per share, for a total transaction of A$28,500.00.
• On Thursday, August 7th, Robert (Matt) Barrie bought 200 shares of Freelancer stock. The shares were bought at an average cost of A$0.29 per share, for a total transaction of A$57.00.

Freelancer Stock Performance

The firm has a market capitalization of $74.40 million, a P/E ratio of -157.30 and a beta of 0.93. The company has a debt-to-equity ratio of 66.23, a current ratio of 0.60 and a quick ratio of 0.68.

About Freelancer

Freelancer Limited operates a freelancing and crowdsourcing marketplace in Australia. The company operates in two segments, Online Marketplace and Online Payment Services. Its marketplace allows employers to hire freelancers in the field of software development, writing, data entry and design, engineering, sciences, sales and marketing, and accounting and legal services.