Insider Buying: The GPT Group (ASX:GPT) Insider Purchases 50,000 Shares of Stock

The GPT Group (ASX:GPT) insider Russell Proutt bought 50,000 shares of The GPT Group stock in a transaction on Friday, September 27th. The shares were purchased at an average cost of A$5.05 ($3.48) per share, for a total transaction of A$252,500.00 ($174,137.93).

The GPT Group Stock Performance

The company has a debt-to-equity ratio of 48.92, a quick ratio of 0.36 and a current ratio of 0.47.

About The GPT Group

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.