Engenco Limited (ASX:EGN) Insider Acquires A$1,145,608.37 in Stock

Engenco Limited (ASX:EGN) insider Dale Elphinstone acquired 3,756,093 shares of the stock in a transaction on Friday, May 16th. The stock was bought at an average price of A$0.31 ($0.20) per share, with a total value of A$1,145,608.37 ($739,102.17).

Dale Elphinstone also recently made the following trade(s):

• On Monday, May 12th, Dale Elphinstone bought 2,020,904 shares of Engenco stock. The stock was purchased at an average cost of A$0.31 ($0.20) per share, with a total value of A$616,375.72 ($397,661.75).
• On Friday, May 2nd, Dale Elphinstone bought 1,217,081 shares of Engenco stock. The stock was purchased at an average price of A$0.31 ($0.20) per share, with a total value of A$371,209.71 ($239,490.13).

Engenco Price Performance

The company has a market capitalization of $52.14 million, a price-to-earnings ratio of 13.26 and a beta of 0.50. The company has a debt-to-equity ratio of 37.50, a current ratio of 1.87 and a quick ratio of 1.10.

Engenco Dividend Announcement

The firm also recently announced a Interim dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 27th were given a $0.005 dividend. This represents a dividend yield of 2.38%. The ex-dividend date was Wednesday, March 5th. Engenco’s dividend payout ratio is presently 100.00%.

Engenco Company Profile

Engenco Limited, together with its subsidiaries, provides engineering services and products. The company operates through: Gemco Rail, Convair Engineering, Drivetrain, Workforce Solutions, and Other segments. The Gemco Rail segment engages in the remanufacture and repair of locomotives, wagons, bearings, and other rail products for rail operators and maintainers.