Insider Buying: Smartpay Holdings Ltd (SMP) Insider Purchases A$71,979.48 in Stock

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Smartpay Holdings Ltd (ASX:SMP) insider William(Bill) Pulver acquired 399,886 shares of the business’s stock in a transaction that occurred on Wednesday, January 2nd. The stock was bought at an average cost of A$0.18 ($0.13) per share, for a total transaction of A$71,979.48 ($51,049.28).

Shares of SMP stock opened at A$0.19 ($0.13) on Friday. The company has a current ratio of 1.36, a quick ratio of 0.98 and a debt-to-equity ratio of 191.84.

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About Smartpay

Smartpay Holdings Limited designs, develops, and implements electronic fund transfer at point of sale (EFTPOS) solutions for retail, business payment, and transactional processing requirements. The company serves 25,000 merchants with approximately 35,000 EFTPOS terminals in New Zealand and Australia.

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