Technology One Limited (ASX:TNE) Insider Buys 12,375 Shares

Technology One Limited (ASX:TNE) insider Sharon Doyle acquired 12,375 shares of the business’s stock in a transaction dated Monday, June 24th. The shares were acquired at an average cost of A$8.11 ($5.75) per share, with a total value of A$100,398.38 ($71,204.52).

Shares of Technology One stock traded up A$0.09 ($0.06) during midday trading on Friday, reaching A$7.82 ($5.55). 614,062 shares of the company’s stock traded hands, compared to its average volume of 823,956. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.71 and a current ratio of 0.78. The company has a market capitalization of $2.48 billion and a P/E ratio of 40.73. The company’s 50 day moving average is A$7.76. Technology One Limited has a 12 month low of A$4.76 ($3.38) and a 12 month high of A$9.40 ($6.66).

About Technology One

Technology One Limited researches, develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia, New Zealand, and internationally. It operates through Sales and Marketing, Consulting, Research & Development, and Cloud segments. The company offers various business solutions, including enterprise asset management, financials, human resource and payroll, enterprise budgeting, supply chain, property and rating, student management, business intelligence, enterprise content management, performance planning, spatial, enterprise cash receipting, stakeholder management, and business process management.

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