Nine Entertainment Co. Holdings Limited (ASX:NEC) Insider Purchases A$169,782.75 in Stock

Nine Entertainment Co. Holdings Limited (ASX:NEC) insider Michael(Mike) Sneesby bought 125,765 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was acquired at an average price of A$1.35 ($0.91) per share, for a total transaction of A$169,782.75 ($114,718.07).

Nine Entertainment Price Performance

The company has a current ratio of 1.03, a quick ratio of 0.62 and a debt-to-equity ratio of 60.45.

About Nine Entertainment

Nine Entertainment Co Holdings Limited engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. The company provides television services under the brands, including 9Network, Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; radio stations under 2GB, 3AW, 4BC, and 6PR brands; and publishes newspapers, news-inserted magazines, digital, and events, as well as nine.com.au, a site of news, lifestyle, sport, and entertainment content.