Myer Holdings Ltd (ASX:MYR) Insider John King Purchases 100,000 Shares

Myer Holdings Ltd (ASX:MYR) insider John King acquired 100,000 shares of Myer stock in a transaction that occurred on Friday, September 6th. The stock was bought at an average cost of A$0.64 ($0.45) per share, with a total value of A$64,000.00 ($45,390.07).

ASX MYR traded down A$0.01 ($0.01) on Friday, reaching A$0.61 ($0.43). The company’s stock had a trading volume of 1,094,078 shares, compared to its average volume of 6,090,000. Myer Holdings Ltd has a twelve month low of A$0.36 ($0.26) and a twelve month high of A$0.74 ($0.52). The company has a debt-to-equity ratio of 14.32, a quick ratio of 0.15 and a current ratio of 0.96. The stock has a market cap of $500.98 million and a PE ratio of 20.33. The firm’s 50 day moving average is A$0.53 and its two-hundred day moving average is A$0.56.

About Myer

Myer Holdings Limited, together with its subsidiaries, operates department stores in Australia. The company offers products in various categories that include women's wear; men's wear; youth wear; children's wear; intimate apparel; beauty, fragrance, and cosmetics; homewares; electrical goods; toys; footwear, handbags, and accessories; and general merchandise.

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