James Lougheed Purchases 275,000 Shares of Shopping Centres Australasia Property Group (ASX:SCP) Stock

Shopping Centres Australasia Property Group (ASX:SCP) insider James Lougheed purchased 275,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average price of A$0.18 ($0.12) per share, with a total value of A$49,775.00 ($31,703.82).

James Lougheed also recently made the following trade(s):

• On Wednesday, February 5th, James Lougheed purchased 25,000 shares of Shopping Centres Australasia Property Group stock. The stock was bought at an average price of A$0.16 ($0.10) per share, with a total value of A$3,875.00 ($2,468.15).

Shopping Centres Australasia Property Group Price Performance

The company has a debt-to-equity ratio of 44.25, a quick ratio of 0.35 and a current ratio of 0.43.

Shopping Centres Australasia Property Group Company Profile

SCA Property Group (SCP) includes two internally managed real estate investment trusts owning a portfolio of quality neighbourhood and sub-regional shopping centres located across Australia. The SCA Property Group invests in shopping centres predominantly anchored by non-discretionary retailers, with long term leases to tenants such as Woolworths Limited, Coles Group Limited and companies in the Wesfarmers Limited group.