Southern Cross Media Group Limited (ASX:SXL) Insider Buys A$53,153.79 in Stock

Southern Cross Media Group Limited (ASX:SXL) insider John Kelly acquired 76,923 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were bought at an average price of A$0.69 ($0.43) per share, with a total value of A$53,153.79 ($33,430.06).

Southern Cross Media Group Price Performance

The company has a market cap of $154.73 million, a PE ratio of -0.70, a PEG ratio of -2.96 and a beta of 1.74. The company has a debt-to-equity ratio of 121.19, a current ratio of 1.56 and a quick ratio of 1.73.

About Southern Cross Media Group

Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation of audio content for distribution on broadcast and digital networks. It operates in two segments, Audio and Television. The company owns 99 radio stations in FM, AM, and DAB+ radio, as well as 34 regional radio stations; broadcasts 93 free to air TV signals in regional Australia; operates LiSTNR, an audio destination for consumers housing radio, podcasts, music, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio.