Strike Energy Ltd (ASX:STX) insider John Poynton acquired 1,200,671 shares of the business’s stock in a transaction dated Thursday, July 25th. The stock was acquired at an average cost of A$0.11 ($0.07) per share, for a total transaction of A$126,070.46 ($89,411.67).

Shares of STX stock remained flat at $A$0.13 ($0.09) during trading on Tuesday. The company’s 50-day simple moving average is A$0.07. The company has a quick ratio of 1.38, a current ratio of 1.43 and a debt-to-equity ratio of 8.68. The firm has a market cap of $170.51 million and a PE ratio of -125.00. Strike Energy Ltd has a 1-year low of A$0.05 ($0.04) and a 1-year high of A$0.16 ($0.11).

Strike Energy Company Profile

Strike Energy Limited explores for and develops oil and gas resources in Australia. It primarily focuses on the Southern Cooper Basin Gas Project located in South Australia. The company's exploration permits and applications cover an area of approximately 9,232 square kilometers within the Cooper/Eromanga basin.

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