Brendan Malone Purchases 175,000 Shares of Raiz Invest Limited (ASX:RZI) Stock

Raiz Invest Limited (ASX:RZI) insider Brendan Malone purchased 175,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average price of A$0.50 ($0.31) per share, for a total transaction of A$87,500.00 ($54,347.83).

Brendan Malone also recently made the following trade(s):

• On Wednesday, December 4th, Brendan Malone acquired 19,692 shares of Raiz Invest stock. The stock was bought at an average price of A$0.45 ($0.28) per share, for a total transaction of A$8,762.94 ($5,442.82).

Raiz Invest Stock Performance

The company has a debt-to-equity ratio of 3.07, a quick ratio of 4.11 and a current ratio of 2.65.

Raiz Invest Company Profile

Raiz Invest Limited provides financial services and products through its mobile micro-investing platform in Australia, Indonesia, and Malaysia. The company operates through two segments, Raiz Invest Micro-Investing Platform and Other Financial segments. Its platform offers customers a way to invest money using the Raiz mobile application or through the Raiz Website.