Adairs (ASX:ADH) Trading Down 0.3%
Shares of Adairs Ltd (ASX:ADH) fell 0.3% during trading on Tuesday . The company traded as low as A$1.43 ($1.01) and last traded at A$1.44 ($1.02), 69,159 shares were traded during mid-day trading. The stock had previously closed at A$1.45 ($1.02).
The business has a 50 day simple moving average of A$1.47. The company has a current ratio of 1.44, a quick ratio of 0.33 and a debt-to-equity ratio of 21.58. The firm has a market capitalization of $243.01 million and a P/E ratio of 7.83.
In other news, insider Trent Peterson bought 150,000 shares of the company’s stock in a transaction on Wednesday, June 26th. The shares were acquired at an average cost of A$1.41 ($1.00) per share, with a total value of A$211,200.00 ($149,787.23).
Adairs Limited operates as a specialty retailer of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as quilt covers and coverlets, sheets, cotton flannelettes, pillowcases, quilts, pillows, mattress protectors, pillow protectors, blankets, nursery products, valances and bedwraps, bedspreads, mattress toppers, bath mats, bath robes and slippers, kids beach products and towels, cushions, throws, gifts and toys, wall arts, rugs, laundry and home care products, chairs, bedheads, storage and shelves, ottomans and bench seats, and tables, as well as pots and plants, gifts, baskets, throws, home décor and fragrance products, mirrors, lighting products, and tableware and pets products.
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