Insider Buying: VEEM Ltd (ASX:VEE) Insider Buys 25,000 Shares of Stock

VEEM Ltd (ASX:VEE) insider Angus Murnaghan purchased 25,000 shares of the stock in a transaction on Friday, June 28th. The shares were acquired at an average price of A$1.76 ($1.17) per share, for a total transaction of A$43,950.00 ($29,300.00).

VEEM Stock Performance

The company has a quick ratio of 1.02, a current ratio of 2.16 and a debt-to-equity ratio of 46.77.

VEEM Company Profile

VEEM Ltd engages in the manufacture and sale of marine propulsion and stabilization systems. It offers gyrostabilizers; CNC machined monobloc and fixed pitch propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest and shaft lines and marine ride control fins.