Jim Simpson Acquires 400,000 Shares of Titomic (ASX:TTT) Stock

Titomic Limited (ASX:TTT) insider Jim Simpson purchased 400,000 shares of Titomic stock in a transaction dated Friday, December 19th. The shares were purchased at an average cost of A$0.25 per share, with a total value of A$100,000.00.

Titomic Price Performance

The firm has a market capitalization of $357.96 million, a price-to-earnings ratio of -20.20 and a beta of 0.41. The company has a debt-to-equity ratio of 74.71, a quick ratio of 1.81 and a current ratio of 1.48.

Titomic Company Profile

Titomic Limited provides manufacturing and technology solutions for high-performance metal additive manufacturing in Australia, the United States, and Europe. The company offers cold spray additive manufacturing machines and manufactured products. It also engages in the sales, marketing, and customer relationship activities. In addition, the company provides metal coating and repair services. It serves defense, aerospace, mining, energy, and transport industries. Titomic Limited was incorporated in 2014 and is headquartered in Mount Waverley, Australia.