Andrew Fairley Sells 18,000 Shares of Qualitas Limited (ASX:QAL) Stock

Qualitas Limited (ASX:QAL) insider Andrew Fairley sold 18,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of A$1.63 ($1.08), for a total transaction of A$29,340.00 ($19,430.46).

Qualitas Stock Performance

The company has a debt-to-equity ratio of 86.16, a current ratio of 48.70 and a quick ratio of 10.67.

Qualitas Company Profile

Qualitas is a real estate investment firm which focuses on direct investment in all real estate classes and geographies, acquisitions and restructuring of distressed debt, third party capital raisings and consulting services. It seeks to provide bridge loans in the major markets of the Australian east coast, and particularly the medium and high density residential development sector.