Insider Buying: GDI Property Group (ASX:GDI) Insider Purchases 30,000 Shares of Stock

GDI Property Group (ASX:GDI) insider Stephen Burns acquired 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were bought at an average cost of A$0.60 ($0.39) per share, for a total transaction of A$17,850.00 ($11,590.91).

GDI Property Group Stock Performance

The company has a current ratio of 0.43, a quick ratio of 0.27 and a debt-to-equity ratio of 52.86.

About GDI Property Group

GDI is an integrated, internally managed commercial property investor with capabilities in the identification and execution of acquisition opportunities, and then the ownership, management, development, refurbishment, leasing, and syndication of assets. GDI is structured as a stapled security to enable it to participate in both the ownership of properties either directly (wholly owned) or indirectly (asset partnerships or co-investment stakes) via the Trust, and to receive earnings from fund management fees, car park operations, the provision of co-living accommodation, and development, via the Company.