Michael Perrott Acquires 5,000 Shares of Schaffer Co. Limited (ASX:SFC) Stock

Schaffer Co. Limited (ASX:SFC) insider Michael Perrott acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average cost of A$14.70 ($10.43) per share, with a total value of A$73,500.00 ($52,127.66).

Schaffer Co. Limited has a 52-week low of A$12.80 ($9.08) and a 52-week high of A$15.50 ($10.99). The company has a current ratio of 1.91, a quick ratio of 1.16 and a debt-to-equity ratio of 33.37. The stock has a market capitalization of $213.65 million and a PE ratio of 8.76. The firm’s fifty day simple moving average is A$14.46.

About Schaffer

Schaffer Corporation Limited, a diversified industrial company, manufactures and sells automotive leather and building materials primarily in Australia, Asia, and Europe. The company's Automotive Leather segment manufactures and supplies leather to automotive manufacturers in the automotive industry.

Further Reading: If I purchase shares through a brokerage account, am I the holder of record?

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