Insider Buying: MotorCycle (ASX:MTO) Insider Buys 6,732 Shares of Stock

MotorCycle Holdings Limited (ASX:MTO) insider Nicola(Nikki) Thomas acquired 6,732 shares of the firm’s stock in a transaction that occurred on Wednesday, September 24th. The shares were purchased at an average price of A$3.30 per share, with a total value of A$22,215.60.

Nicola(Nikki) Thomas also recently made the following trade(s):

• On Monday, September 15th, Nicola(Nikki) Thomas purchased 3,268 shares of MotorCycle stock. The stock was bought at an average price of A$3.30 per share, with a total value of A$10,784.40.

MotorCycle Price Performance

The firm has a market cap of $132.85 million, a price-to-earnings ratio of 9.40, a P/E/G ratio of -1.28 and a beta of 1.26. The company has a current ratio of 1.78, a quick ratio of 0.18 and a debt-to-equity ratio of 72.19.

MotorCycle Cuts Dividend

The firm also recently disclosed a Final dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 23rd were given a $0.05 dividend. This represents a dividend yield of 137.0%. The ex-dividend date of this dividend was Monday, September 8th. MotorCycle’s payout ratio is currently 73.68%.

MotorCycle Company Profile

MotorCycle Holdings Limited owns and operates motorcycle dealerships in Australia. It operates through two segments, Motorcycle Retailing and Motorcycle Accessories Wholesaling. The company is involved in the sale of new motorcycles, used motorcycles, accessories and parts, and mechanical protection plan contracts; wholesaling and retailing of motorcycle accessories; and financing and insurance services for motorcycle purchases through third-party sources, as well as servicing and repair of motorcycles.