Moelis Australia Ltd (ASX:MOE) insider Ken (Kenneth) Moelis sold 5,000,000 shares of Moelis Australia stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of A$4.20 ($2.98), for a total transaction of A$21,000,000.00 ($14,893,617.02).
Shares of ASX MOE opened at A$4.26 ($3.02) on Wednesday. The stock has a market cap of $651.61 million and a PE ratio of 22.90. Moelis Australia Ltd has a 12 month low of A$4.04 ($2.87) and a 12 month high of A$6.49 ($4.60). The company has a quick ratio of 4.44, a current ratio of 4.49 and a debt-to-equity ratio of 34.32.
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About Moelis Australia
Moelis Australia Limited, together with its subsidiaries, provides various financial services. It operates in two segments, Corporate Advisory and Equities; and Asset Management. The Corporate Advisory and Equities segment offers strategic and financial advisory services related to mergers and acquisitions; equity capital markets; debt markets; restructuring and recapitalizations; and situations advisory, as well as provides underwriting and institutional stockbroking services.
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