WiseTech Global (ASX:WTC) Sets New 52-Week High at $28.09

WiseTech Global Ltd (ASX:WTC) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as A$28.09 ($19.92) and last traded at A$27.47 ($19.48), with a volume of 900466 shares. The stock had previously closed at A$26.92 ($19.09).

The company has a quick ratio of 0.63, a current ratio of 0.69 and a debt-to-equity ratio of 7.89. The company has a market capitalization of $8.44 billion and a PE ratio of 164.81.

In related news, insider Michael Gregg acquired 5,204 shares of the company’s stock in a transaction on Friday, April 5th. The stock was purchased at an average cost of A$22.36 ($15.86) per share, for a total transaction of A$116,361.44 ($82,525.84). Also, insider Charles Gibbon sold 3,250,000 shares of the stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of A$21.75 ($15.43), for a total value of A$70,687,500.00 ($50,132,978.72).

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WiseTech Global Company Profile (ASX:WTC)

WiseTech Global Limited provides cloud-based software solutions to the logistics industry worldwide. The company develops, sells, and implements software solutions that enable logistics service providers to facilitate the movement and storage of goods and information. It primarily offers CargoWise One, a single-platform software solution to enhance the productivity and integration, automation, and communication with the supply chain.

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