Insider Buying: Smart Parking Limited (ASX:SPZ) Insider Acquires 540,000 Shares of Stock

Smart Parking Limited (ASX:SPZ) insider Christopher Morris purchased 540,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was acquired at an average cost of A$0.92 ($0.60) per share, with a total value of A$497,340.00 ($322,948.05).

Smart Parking Stock Performance

The company has a debt-to-equity ratio of 36.94, a current ratio of 1.22 and a quick ratio of 1.27.

Smart Parking Company Profile

Smart Parking Limited engages in the design, development, and management of parking management solutions in New Zealand, Australia, Germany, and the United Kingdom. It operates through Parking Management, Technology, and Research and Development segments. The company provides parking management services for cars using automatic number plate recognition (ANPR) camera systems that are designed to monitor private car parks for businesses.