Carbonxt Group Limited (ASX:CG1) Insider Nicholas Andrews Purchases 230,000 Shares

Carbonxt Group Limited (ASX:CG1) insider Nicholas Andrews purchased 230,000 shares of the business’s stock in a transaction on Friday, June 20th. The shares were bought at an average cost of A$0.05 ($0.03) per share, for a total transaction of A$10,350.00 ($6,720.78).

Carbonxt Group Stock Performance

The company has a market cap of $23.70 million, a PE ratio of -2.37 and a beta of 0.62. The company has a debt-to-equity ratio of 127.39, a quick ratio of 0.31 and a current ratio of 0.33.

Carbonxt Group Company Profile

Carbonxt Group Limited, a cleantech company, develops and markets specialized activated carbon (AC) products for the removal of pollutants and toxins in industrial processes in the United States. It offers powdered activated carbon and AC pellets, which are used in industrial air purification, waste water treatment, and other liquid and gas phase markets primarily for the capture of mercury and sulphur to reduce harmful emissions into the atmosphere.