Costa Group Holdings Ltd (ASX:CGC) shares traded down 0.5% during mid-day trading on Tuesday . The company traded as low as A$3.65 ($2.59) and last traded at A$3.73 ($2.65), 1,910,395 shares traded hands during mid-day trading. The stock had previously closed at A$3.75 ($2.66).
The business has a fifty day simple moving average of A$3.71 and a 200-day simple moving average of A$4.50. The company has a quick ratio of 0.80, a current ratio of 1.26 and a debt-to-equity ratio of 132.74. The firm has a market cap of $1.20 billion and a P/E ratio of 133.21.
In related news, insider Neil Chatfield purchased 40,000 shares of Costa Group stock in a transaction dated Tuesday, August 27th. The stock was purchased at an average cost of A$2.99 ($2.12) per share, for a total transaction of A$119,600.00 ($84,822.70). Also, insider Harry Debney 17,982 shares of the firm’s stock in a transaction on Monday, September 2nd.
Costa Group Holdings Limited produces, packs, and markets fruits and vegetables to food retailers and FMCG companies in Australia. The company operates through three segments: Produce, Costa Farms & Logistics, and International. It offers mushrooms, blueberries, raspberries, tomatoes, citrus, avocados, bananas, grapes, and other fruits.
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