Insider Buying: Megaport Limited (ASX:MP1) Insider Acquires 3,000 Shares of Stock

Megaport Limited (ASX:MP1) insider Melinda Snowden bought 3,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were bought at an average price of A$7.53 ($5.19) per share, for a total transaction of A$22,590.00 ($15,579.31).

Megaport Price Performance

The company has a debt-to-equity ratio of 12.10, a current ratio of 2.30 and a quick ratio of 1.86.

About Megaport

Megaport Limited provides elastic interconnection services to the enterprises and service providers in Australia, New Zealand, Hong Kong, Singapore, Japan, North America, and Europe. It operates a platform that enables customers to connect their network to other services, as well as creates agile network that connects in multiple regions.