Insider Buying: Webjet Limited (ASX:WEB) Insider Purchases 8,000 Shares of Stock

Webjet Limited (ASX:WEB) insider Brad Holman acquired 8,000 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was purchased at an average price of A$12.18 ($8.64) per share, with a total value of A$97,440.00 ($69,106.38).

The stock has a market capitalization of $1.55 billion and a P/E ratio of 24.36. Webjet Limited has a one year low of A$10.18 ($7.22) and a one year high of A$17.19 ($12.19). The business’s 50 day simple moving average is A$12.67 and its 200 day simple moving average is A$14.43. The company has a debt-to-equity ratio of 34.10, a current ratio of 0.94 and a quick ratio of 0.90.

The company also recently announced a Final dividend, which will be paid on Thursday, October 10th. Investors of record on Thursday, October 10th will be paid a $0.135 dividend. This represents a dividend yield of 1.04%. The ex-dividend date of this dividend is Wednesday, September 18th. Webjet’s payout ratio is 57.69%.

Webjet Company Profile

Webjet Limited provides online travel booking services in Australia, New Zealand, Europe, and internationally. It operates through Business to Consumer Travel and Business to Business Travel segments. The company enables its customers to compare, combine, and book domestic and international air travel, hotel accommodations, holiday packages, travel insurances, rental cars, motorhomes, and cruises, as well as offers digital marketing consultancy services.

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