Byron Energy Ltd (ASX:BYE) Insider Purchases 150,000 Shares

Byron Energy Ltd (ASX:BYE) insider Paul Young bought 150,000 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were bought at an average price of A$0.35 ($0.24) per share, with a total value of A$51,750.00 ($36,702.13).

The company has a market capitalization of $152.98 million and a price-to-earnings ratio of 11.00. Byron Energy Ltd has a 1 year low of A$0.20 ($0.14) and a 1 year high of A$0.39 ($0.28). The company’s 50-day moving average is A$0.23 and its 200 day moving average is A$0.28. The company has a current ratio of 2.46, a quick ratio of 2.36 and a debt-to-equity ratio of 4.20.

About Byron Energy

Byron Energy Limited engages in the development, exploration, and production of oil and gas properties. It holds working interests in various blocks located in the shallow waters of the Gulf of Mexico and transition zone, including the State Waters and adjacent coastline in the United States. The company was founded in 2005 and is based in Melbourne, Australia.

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