Shares of APA Group (ASX:APA) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as A$10.34 ($7.33) and last traded at A$10.28 ($7.29), with a volume of 626536 shares traded. The stock had previously closed at A$10.31 ($7.31).
The company has a quick ratio of 0.38, a current ratio of 0.41 and a debt-to-equity ratio of 267.26. The company has a market capitalization of $12.03 billion and a PE ratio of 40.00.
In other APA Group news, insider James Fazzino purchased 30,751 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were purchased at an average cost of A$9.76 ($6.92) per share, with a total value of A$300,099.01 ($212,836.18).
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APA Group develops, owns, and operates natural gas transportation and energy infrastructure in Australia. The company operates through three segments: Energy Infrastructure, Asset Management, and Energy Investments. It operates natural gas pipelines, gas storage facilities, gas-fired power stations, gas processing facilities, gas compression facilities, and wind farms.
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