Insider Buying: Karoon Energy Ltd (ASX:KAR) Insider Buys 121,594 Shares of Stock

Karoon Energy Ltd (ASX:KAR) insider Julian Fowles purchased 121,594 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was bought at an average cost of A$1.44 ($0.89) per share, for a total transaction of A$175,095.36 ($108,083.56).

Karoon Energy Price Performance

The company has a debt-to-equity ratio of 54.72, a current ratio of 1.15 and a quick ratio of 0.87.

Karoon Energy Company Profile

Karoon Energy Ltd operates as an oil and gas exploration and production company in Brazil, the United States, and Australia. It holds 100% interest in the Santos Basin located in the Sáo Paulo, Brazil. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018.