Insider Buying: GrainCorp Limited (ASX:GNC) Insider Acquires 3,000 Shares of Stock

GrainCorp Limited (ASX:GNC) insider John Maher acquired 3,000 shares of the stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of A$6.80 ($4.30) per share, with a total value of A$20,385.00 ($12,901.90).

John Maher also recently made the following trade(s):

• On Tuesday, February 18th, John Maher acquired 2,467 shares of GrainCorp stock. The shares were bought at an average cost of A$6.98 ($4.42) per share, with a total value of A$17,219.66 ($10,898.52).
• On Thursday, February 20th, John Maher acquired 2,000 shares of GrainCorp stock. The shares were bought at an average cost of A$6.84 ($4.33) per share, with a total value of A$13,676.00 ($8,655.70).

GrainCorp Stock Performance

The stock has a market capitalization of $1.55 billion, a P/E ratio of 15.94, a PEG ratio of -0.90 and a beta of 1.00. The company has a debt-to-equity ratio of 62.55, a current ratio of 1.80 and a quick ratio of 0.58.

About GrainCorp

GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, animal fats, and used cooking oils and vegetable oils for animal feed purposes; handles, processes, and stores grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.