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

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

VEEM Price Performance

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

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.