Insider Buying: Boom Logistics Limited (ASX:BOL) Insider Acquires 20,000 Shares of Stock

Boom Logistics Limited (ASX:BOL) insider Damian Banks purchased 20,000 shares of the stock in a transaction that occurred on Thursday, March 20th. The stock was bought at an average cost of A$1.40 ($0.88) per share, with a total value of A$28,020.00 ($17,622.64).

Damian Banks also recently made the following trade(s):

• On Tuesday, March 11th, Damian Banks acquired 20,000 shares of Boom Logistics stock. The shares were purchased at an average cost of A$1.50 ($0.94) per share, for a total transaction of A$30,040.00 ($18,893.08).
• On Thursday, February 27th, Damian Banks bought 20,000 shares of Boom Logistics stock. The stock was purchased at an average price of A$1.54 ($0.97) per share, with a total value of A$30,780.00 ($19,358.49).

Boom Logistics Price Performance

The company has a current ratio of 0.97, a quick ratio of 0.71 and a debt-to-equity ratio of 73.56. The stock has a market capitalization of $55.89 million, a PE ratio of 86.50 and a beta of 0.81.

About Boom Logistics

Boom Logistics Limited provides lifting solutions to mining and resources, infrastructure and construction, wind, energy, and utilities, industrial maintenance, and telecommunications sectors in Australia. It offers cranes, such as mobile and crawler cranes, travel towers, access equipment, and associated services.