Adam Gray Acquires 1,380,545 Shares of Redflex Holdings (ASX:RDF) Stock

Redflex Holdings (ASX:RDF) insider Adam Gray purchased 1,380,545 shares of the business’s stock in a transaction on Thursday, May 30th. The shares were bought at an average price of A$0.43 ($0.30) per share, with a total value of A$590,873.26 ($419,059.05).

RDF stock traded down A$0.01 ($0.01) during mid-day trading on Friday, reaching A$0.42 ($0.30). 37,598 shares of the company traded hands. The company has a market capitalization of $63.09 million and a P/E ratio of -28.00. The company has a debt-to-equity ratio of 8.01, a quick ratio of 1.73 and a current ratio of 2.05. Redflex Holdings has a fifty-two week low of A$0.33 ($0.23) and a fifty-two week high of A$0.62 ($0.44).

Redflex Company Profile

Redflex Holdings Limited, together with its subsidiaries, provides automated traffic enforcement products and services in the North America, Australia, and internationally. The company offers outsourced traffic enforcement programs; develops and manufactures a range of digital photo enforcement solutions, including red light cameras, speed cameras, and school bus stop arm camera systems; and owns and operates networks of digital speed and red-light cameras.

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