Peter Summers Purchases 249,974 Shares of Avjennings Ltd (ASX:AVJ) Stock

Avjennings Ltd (ASX:AVJ) insider Peter Summers bought 249,974 shares of Avjennings stock in a transaction dated Monday, July 1st. The shares were acquired at an average price of A$0.54 ($0.38) per share, with a total value of A$133,736.09 ($94,848.29).

Shares of ASX AVJ opened at A$0.62 ($0.44) on Thursday. The company has a debt-to-equity ratio of 51.83, a current ratio of 2.61 and a quick ratio of 0.27. Avjennings Ltd has a 12 month low of A$0.46 ($0.33) and a 12 month high of A$0.75 ($0.53). The business’s 50 day simple moving average is A$0.56. The company has a market cap of $249.83 million and a P/E ratio of 13.98.

About Avjennings

AVJennings Limited engages in the development of residential properties in Australia. It is involved in land and apartment development, and integrated housing activities. The company was founded in 1932 and is based in Hawthorn, Australia. AVJennings Limited is a subsidiary of SC Global Developments Pty Ltd.

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