Aaron Begley Acquires 294,555 Shares of Matrix Composites & Engineering (ASX:MCE) Stock

Matrix Composites & Engineering Ltd (ASX:MCE) insider Aaron Begley purchased 294,555 shares of the company’s stock in a transaction on Tuesday, September 30th. The stock was purchased at an average cost of A$0.25 per share, for a total transaction of A$73,638.75.

Matrix Composites & Engineering Price Performance

The company has a market cap of $49.24 million, a P/E ratio of 13.25 and a beta of 0.41. The company has a quick ratio of 2.14, a current ratio of 2.63 and a debt-to-equity ratio of 127.01.

Matrix Composites & Engineering Company Profile

Matrix Composites & Engineering Ltd designs, engineers, manufactures, and sells composite and material technology solutions to the oil and gas, civil and infrastructure, resources, defense, and transportation industries in Australia and internationally. It offers autonomous underwater vehicles/unmanned underwater vehicles buoyancy, distributed buoyancy module systems, drill riser buoyancy systems, matrix longitudinal groove system (LGS) riser buoyancy system, and Matrix LGS surf systems, as well as Matrix MarineShield, a wraparound corrosion protection system for the preservation of pipelines, risers, piles, and other critical field infrastructure.