Insider Selling: Civmec (ASX:CVL) Insider Sells A$17,932,029.57 in Stock

Civmec Limited (ASX:CVL) insider James Fitzgerald sold 13,482,729 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of A$1.33, for a total transaction of A$17,932,029.57.

Civmec Price Performance

The company has a current ratio of 1.48, a quick ratio of 1.23 and a debt-to-equity ratio of 24.86. The company has a market capitalization of $619.26 million, a PE ratio of 9.71 and a beta of 0.07.

Civmec Company Profile

Civmec Limited, an investment holding company, provides construction and engineering services to the energy, resources, infrastructure, and marine and defense sectors in Australia. The company undertakes fabrication projects, such as structural steel, plate works, tanks, vessels, materials handling equipment, subsea and offshore structures, and pipe spooling services.