John Welborn Acquires 70,897 Shares of Orbital Corp Limited (OEC) Stock
Orbital Corp Limited (ASX:OEC) insider John Welborn acquired 70,897 shares of the firm’s stock in a transaction on Wednesday, November 28th. The stock was bought at an average price of A$0.50 ($0.35) per share, for a total transaction of A$35,448.50 ($25,140.78).
Shares of Orbital stock opened at A$0.51 ($0.36) on Friday. The company has a debt-to-equity ratio of 35.87, a quick ratio of 4.05 and a current ratio of 4.62.
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Orbital Company Profile
Orbital Corporation Limited engages in the design, manufacture, and sale of unmanned aerial vehicle (UAV) propulsion systems and flight critical components in Australia and the United States. It operates through Program Delivery (PD) and Advanced Product Development (APD) segments. It also focuses on the manufacture, assembly, and delivery of engines and propulsion systems for unmanned aerial vehicles.
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