Insider Buying: Orthocell (ASX:OCC) Insider Acquires 26,041 Shares of Stock

Orthocell Limited (ASX:OCCGet Free Report) insider Michael McNulty bought 26,041 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average cost of A$0.96 per share, with a total value of A$25,025.40.

Orthocell Price Performance

The company has a market capitalization of $375.52 million, a price-to-earnings ratio of -42.23 and a beta of 1.16. The company has a current ratio of 4.34, a quick ratio of 5.07 and a debt-to-equity ratio of 15.22.

About Orthocell

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Orthocell Limited, a regenerative medicine company, develops and commercializes cell therapies and biological medical devices for the repair of various bone and soft tissue injuries in Australia. The company offers CelGro, a naturally derived collagen medical device for use in multiple indications to augment the surgical repair of bone, peripheral nerves, tendons, and cartilage; and Ortho-ATI, a cell therapy for treatment of chronic tendon injuries. It also provides Ortho-ACI, an autologous chondrocyte implantation to treat articular cartilage defects in the knee and ankle; Striate+, a resorbable collagen membrane used for guided bone and tissue regeneration in dental procedure; and Remplir, a collagen scaffold used in peripheral nerve repair.

Further Reading

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