Insider Selling: IPD Group Limited (ASX:IPG) Insider Sells 1,000,000 Shares

IPD Group Limited (ASX:IPG – Get Your Free Report) insider Mohamed Yoosuff sold 1,000,000 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $5.10 ($3.40), for a total transaction of $5,100,000.00 ($3,400,000).

IPD Group Price Performance

The company has a current ratio of 2.16, a quick ratio of 1.24, and a debt-to-equity ratio of 29.66.

About IPD Group

(Get a free report)

IPD Group Limited distributes electrical equipment in Australia. The company offers power distribution, industrial and motor control, industrial automation and communication, power monitoring and electric vehicle solutions under the ABB, Elsteel, Emerson and Red Lion brands. In addition, it provides installation and commissioning, calibration and testing, maintenance and repair, reconditioning and other services.

Read more

Get news and reviews for IPD Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for IPD Group and related companies with MarketBeat.com’s FREE daily email newsletter.