Advanced Braking Technology Limited (ASX:ABV) Insider David Slack Purchases 2,659,460 Shares

Advanced Braking Technology Limited (ASX:ABV) insider David Slack bought 2,659,460 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was bought at an average cost of A$0.08 ($0.05) per share, with a total value of A$218,075.72 ($143,470.87).

Advanced Braking Technology Price Performance

The company has a debt-to-equity ratio of 16.14, a current ratio of 3.64 and a quick ratio of 1.78.

About Advanced Braking Technology

Advanced Braking Technology Limited engages in the research, design, development, manufacture, distribution, and sale of braking solutions worldwide. The company offers braking solutions for light, heavy, defense, and electric vehicles, as well as autonomous vehicle emergency braking and brake controllers under the ABT Failsafe, ABT Failsafe Emergency, and Terra Dura brand names.