Genworth Mortgage Insurance Australia (GMA) Insider Buys A$49,864.00 in Stock

Genworth Mortgage Insurance Australia (ASX:GMA) insider Gai McGrath purchased 23,000 shares of the stock in a transaction on Wednesday, November 28th. The shares were purchased at an average price of A$2.17 ($1.54) per share, for a total transaction of A$49,864.00 ($35,364.54).

ASX GMA traded down A$0.02 ($0.01) during trading hours on Friday, reaching A$2.34 ($1.66). 948,073 shares of the stock traded hands, compared to its average volume of 3,510,000. Genworth Mortgage Insurance Australia has a 1 year low of A$2.21 ($1.57) and a 1 year high of A$3.35 ($2.38). The company has a debt-to-equity ratio of 11.49, a quick ratio of 0.06 and a current ratio of 0.07.

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Genworth Mortgage Insurance Australia Company Profile

Genworth Mortgage Insurance Australia Limited, through its subsidiaries, engages in the loan mortgage insurance business in Australia. The company facilitates residential mortgage lending by transferring risk from lenders to lenders mortgage insurance (LMI) providers, primarily for high loan-to-value ratio residential mortgage loans.

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