Ben Hunt Sells 200,000 Shares of Waterco Limited (WAT) Stock
Waterco Limited (ASX:WAT) insider Ben Hunt sold 200,000 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of A$2.00 ($1.42), for a total transaction of A$400,000.00 ($283,687.94).
Shares of Waterco stock opened at A$2.00 ($1.42) on Friday. The company has a current ratio of 2.00, a quick ratio of 0.69 and a debt-to-equity ratio of 27.48. The firm has a market cap of $73.72 million and a price-to-earnings ratio of 25.64. Waterco Limited has a 12-month low of A$1.99 ($1.41) and a 12-month high of A$2.45 ($1.74).
The business also recently disclosed a Interim dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, June 14th will be given a dividend of $0.02 per share. This represents a yield of 0.94%. The ex-dividend date of this dividend is Thursday, May 2nd. Waterco’s payout ratio is currently 64.10%.
Waterco Limited engages in the manufacture and wholesale of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and water treatment industries in Australia. It also manufactures and sells solar heating systems for swimming pools and pre-heat industrial solar systems. The company's pool and spa products comprise water saving products, chlorine free systems and spa products, infloor cleaning systems, swimming pool pumps, fiberglass and centrifugal filters, domestic pool filters, pool filter media products, pool heating and chemical pool products, pool and spa chlorination products, mineral crystals, controllers and automation products, hydroxzone ozone generators, spa equipment, pool suction and robotic pool cleaners, pool lighting products, recirculation accessories, swimming pool and spa valves, pool and spa blowers, test kits and maintenance products, commercial pumps and heating products, and commercial accessories.
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