David Thodey Purchases 4,000 Shares of Xero Limited (ASX:XRO) Stock

Xero Limited (ASX:XRO) insider David Thodey acquired 4,000 shares of the stock in a transaction that occurred on Friday, July 5th. The stock was purchased at an average cost of A$62.96 ($44.65) per share, with a total value of A$251,824.00 ($178,598.58).

Shares of Xero stock opened at A$63.33 ($44.91) on Friday. The company has a debt-to-equity ratio of 124.70, a quick ratio of 4.67 and a current ratio of 5.58. The company has a market capitalization of $8.94 billion and a price-to-earnings ratio of -340.48. Xero Limited has a fifty-two week low of A$36.10 ($25.60) and a fifty-two week high of A$64.49 ($45.74). The company has a 50-day moving average price of A$60.73.

Xero Company Profile

Xero Limited, together with its subsidiaries, operates as a software as a service company worldwide. The company offers Xero, a cloud-based accounting software that connects small businesses to their advisors. It also provides accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook/Ledger; and Xero mobile app.

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