Insider Buying: SciDev (ASX:SDV) Insider Buys 70,000 Shares of Stock

SciDev Limited (ASX:SDV) insider Johannes Risseeuw purchased 70,000 shares of the stock in a transaction dated Monday, December 15th. The shares were bought at an average cost of A$0.43 per share, for a total transaction of A$30,100.00.

SciDev Price Performance

The company has a current ratio of 1.49, a quick ratio of 1.31 and a debt-to-equity ratio of 10.20. The firm has a market cap of $100.75 million, a PE ratio of 46.26 and a beta of 1.70.

SciDev Company Profile

SciDev Limited supplies environmental solutions focused on water intensive industries in Australia and the United States. The company offers engineering and process control; specialty chemical fluid formulations; and chemical products for applications, including flocculation, filtration, sludge dewatering, friction reduction, shale inhibition, rheology control, and pipe-on-pipe lubrication.