Trent Peterson Purchases 150,000 Shares of Adairs Ltd (ASX:ADH) Stock

Adairs Ltd (ASX:ADH) insider Trent Peterson purchased 150,000 shares of the business’s stock in a transaction on Wednesday, June 26th. The shares were acquired at an average cost of A$1.41 ($1.00) per share, with a total value of A$211,200.00 ($149,787.23).

Trent Peterson also recently made the following trade(s):

  • On Thursday, April 18th, Trent Peterson acquired 90,000 shares of Adairs stock. The shares were purchased at an average price of A$1.74 ($1.23) per share, for a total transaction of A$156,150.00 ($110,744.68).

ADH stock remained flat at $A$1.50 ($1.06) during trading hours on Friday. The company’s stock had a trading volume of 240,168 shares. The company has a current ratio of 1.44, a quick ratio of 0.33 and a debt-to-equity ratio of 21.58. The firm has a market cap of $247.98 million and a price-to-earnings ratio of 7.99. The company’s 50 day simple moving average is A$1.67. Adairs Ltd has a 1 year low of A$1.25 ($0.89) and a 1 year high of A$2.71 ($1.92).

Adairs Company Profile

Adairs Limited operates as a specialty retailer of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as quilt covers and coverlets, sheets, cotton flannelettes, pillowcases, quilts, pillows, mattress protectors, pillow protectors, blankets, nursery products, valances and bedwraps, bedspreads, mattress toppers, bath mats, bath robes and slippers, kids beach products and towels, cushions, throws, gifts and toys, wall arts, rugs, laundry and home care products, chairs, bedheads, storage and shelves, ottomans and bench seats, and tables, as well as pots and plants, gifts, baskets, throws, home décor and fragrance products, mirrors, lighting products, and tableware and pets products.

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