Cadence Capital Limited (ASX:CDM) shares fell 0.7% on Tuesday . The stock traded as low as A$0.75 ($0.53) and last traded at A$0.75 ($0.53), 390,077 shares changed hands during trading. The stock had previously closed at A$0.76 ($0.54).

The stock has a market cap of $236.77 million and a P/E ratio of -4.10. The firm’s 50-day moving average is A$0.77 and its two-hundred day moving average is A$0.79. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 15.04.

The firm also recently disclosed a Final dividend, which was paid on Wednesday, October 30th. Investors of record on Wednesday, October 30th were given a dividend of $0.02 per share. This represents a yield of 2.5%. The ex-dividend date of this dividend was Friday, October 18th. Cadence Capital’s payout ratio is presently -21.86%.

In related news, insider Karl Siegling purchased 500 shares of the stock in a transaction on Monday, September 9th. The shares were bought at an average price of A$792.15 ($561.81) per share, for a total transaction of A$396,074.00 ($280,903.55). In the last ninety days, insiders have purchased 131,220 shares of company stock worth $498,475.

About Cadence Capital (ASX:CDM)

Cadence Capital Limited is a close ended equity mutual fund launched and managed by Cadence Asset Management. The fund invests in the public equity markets of Australia. It seeks to invest in stocks of companies operating across diversified sectors. The fund seeks to invest in the stocks listed on Australian Securities Exchange.

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