ARB (ASX:ARB) Stock Price Down 1.2%
ARB Co. Limited (ASX:ARB) shares were down 1.2% during trading on Monday . The stock traded as low as A$18.97 ($13.45) and last traded at A$18.97 ($13.45), approximately 140,490 shares changed hands during trading. A decline of 15% from the average daily volume of 165,878 shares. The stock had previously closed at A$19.21 ($13.62).
The company has a quick ratio of 1.01, a current ratio of 3.45 and a debt-to-equity ratio of 0.77. The stock has a market cap of $1.51 billion and a PE ratio of 27.45. The company has a 50-day moving average of A$18.51.
In related news, insider Roger Brown sold 2,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of A$18.50 ($13.12), for a total transaction of A$37,000,000.00 ($26,241,134.75).
ARB Corporation Limited designs, manufactures, distributes, and sells motor vehicle accessories and light metal engineering works in Australia, the United States, Thailand, the Middle East, and Europe. The company provides bull bars and protection equipment, including summit, alloy, deluxe, and commercial bull bars, as well as summit and deluxe sahara bars; and nudge and smart bars.
Featured Article: Resistance Level
Receive News & Ratings for ARB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARB and related companies with MarketBeat.com's FREE daily email newsletter.