Austin Engineering (ASX:ANG) Insider James (Jim) Walker Purchases 125,000 Shares

Austin Engineering Limited (ASX:ANG) insider James (Jim) Walker bought 125,000 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was acquired at an average cost of A$0.20 per share, for a total transaction of A$25,000.00.

Austin Engineering Price Performance

The company has a current ratio of 1.39, a quick ratio of 0.90 and a debt-to-equity ratio of 45.71. The stock has a market cap of $127.60 million, a P/E ratio of 7.00, a PEG ratio of -7.53 and a beta of 0.23.

Austin Engineering Dividend Announcement

The firm also recently announced a Interim dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, April 9th will be given a dividend of $0.003 per share. The ex-dividend date is Sunday, March 15th. This represents a dividend yield of 150.0%. Austin Engineering’s payout ratio is presently 30.00%.

About Austin Engineering

Austin Engineering Limited, together with its subsidiaries, manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors. It offers excavator, face shovel, front end loader, and stemming buckets; rope shovel dippers; and wear liner kits for mining applications, including hard rock, iron ore, and coal. The company also provides surface mining dump truck bodies; underground dump bodies; tyre handlers for surface and underground equipment; and ancillary equipment, such as live and shovel line cable reels, loader mounted cable reels, cable handlers, fork frames, crane jibs, quick couplers, man cages, and other products for mining applications.