MotorCycle (ASX:MTO) Insider Nicola(Nikki) Thomas Acquires 6,732 Shares

MotorCycle Holdings Limited (ASX:MTO) insider Nicola(Nikki) Thomas acquired 6,732 shares of the stock in a transaction on Wednesday, September 24th. The shares were purchased at an average price of A$3.30 per share, for a total transaction of A$22,215.60.

Nicola(Nikki) Thomas also recently made the following trade(s):

• On Monday, September 15th, Nicola(Nikki) Thomas acquired 3,268 shares of MotorCycle stock. The shares were purchased at an average price of A$3.30 per share, for a total transaction of A$10,784.40.

MotorCycle Stock Performance

The company has a debt-to-equity ratio of 72.19, a current ratio of 1.78 and a quick ratio of 0.18. The stock has a market capitalization of $132.85 million, a price-to-earnings ratio of 9.40, a price-to-earnings-growth ratio of -1.28 and a beta of 1.26.

MotorCycle Cuts Dividend

The company also recently disclosed a Final dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 23rd were given a dividend of $0.05 per share. The ex-dividend date was Monday, September 8th. This represents a yield of 137.0%. MotorCycle’s dividend payout ratio (DPR) is presently 73.68%.

MotorCycle Company Profile

MotorCycle Holdings Limited owns and operates motorcycle dealerships in Australia. It operates through two segments, Motorcycle Retailing and Motorcycle Accessories Wholesaling. The company is involved in the sale of new motorcycles, used motorcycles, accessories and parts, and mechanical protection plan contracts; wholesaling and retailing of motorcycle accessories; and financing and insurance services for motorcycle purchases through third-party sources, as well as servicing and repair of motorcycles.