Foraco International SA (TSE:FAR – Get Free Report) Director Daniel Louis Simoncini sold 2,000,000 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of C$3.02, for a total transaction of C$6,040,000.00. Following the completion of the sale, the director owned 8,571,225 shares of the company’s stock, valued at approximately C$25,885,099.50. This represents a 18.92% decrease in their position.
Foraco International Price Performance
Foraco International stock remained flat at C$2.85 during midday trading on Friday. 120,393 shares of the company traded hands, compared to its average volume of 204,349. Foraco International SA has a 1-year low of C$1.90 and a 1-year high of C$3.54. The company has a quick ratio of 0.88, a current ratio of 1.20 and a debt-to-equity ratio of 100.98. The stock’s 50-day simple moving average is C$2.67 and its 200-day simple moving average is C$2.83. The company has a market capitalization of C$279.16 million, a PE ratio of 22.85 and a beta of 1.40.
Foraco International Company Profile
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