David Slack Acquires 2,659,460 Shares of Advanced Braking Technology Limited (ASX:ABV) Stock

Advanced Braking Technology Limited (ASX:ABV) insider David Slack purchased 2,659,460 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The stock was bought at an average cost of A$0.08 ($0.05) per share, with a total value of A$218,075.72 ($143,470.87).

Advanced Braking Technology Price Performance

The company has a debt-to-equity ratio of 16.14, a current ratio of 3.64 and a quick ratio of 1.78.

Advanced Braking Technology Company Profile

Advanced Braking Technology Limited engages in the research, design, development, manufacture, distribution, and sale of braking solutions worldwide. The company offers braking solutions for light, heavy, defense, and electric vehicles, as well as autonomous vehicle emergency braking and brake controllers under the ABT Failsafe, ABT Failsafe Emergency, and Terra Dura brand names.