Insider Buying: OFX Group Limited (ASX:OFX) Insider Buys 50,000 Shares of Stock

OFX Group Limited (ASX:OFX) insider Patricia Cross acquired 50,000 shares of the stock in a transaction dated Wednesday, May 21st. The shares were bought at an average cost of A$0.81 ($0.52) per share, with a total value of A$40,450.00 ($26,096.77).

OFX Group Stock Performance

The company has a market cap of $323.46 million, a PE ratio of 1.24, a price-to-earnings-growth ratio of 2.66 and a beta of 0.05. The company has a debt-to-equity ratio of 33.24, a quick ratio of 0.18 and a current ratio of 1.18.

OFX Group Company Profile

OFX Group Limited provides international payments and foreign exchange services in the Asia Pacific, North America, Europe, the Middle East, and Africa. It offers range of products and services to consumers, corporates, online sellers, and enterprise clients. The company was formerly known as OzForex Group Limited and changed its name to OFX Group Limited in September 2016.