Astivita (ASX:AIR) Trading Down 1.4%

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Astivita Ltd (ASX:AIR) fell 1.4% during trading on Tuesday . The company traded as low as A$0.69 ($0.49) and last traded at A$0.69 ($0.49), 2,650 shares were traded during trading. The stock had previously closed at A$0.70 ($0.50).

The company has a market cap of $9.29 million and a PE ratio of -9.72. The company has a current ratio of 6.64, a quick ratio of 1.62 and a debt-to-equity ratio of 51.99. The firm’s 50-day moving average is A$1.02.

In other news, insider Lev Mizikovsky 22,240,000 shares of the business’s stock in a transaction dated Friday, June 7th.

About Astivita (ASX:AIR)

AstiVita Limited imports and distributes kitchen appliances, sanitary-ware, and bathroom products in Australia. It primarily distributes household products, including bathroom products, photovoltaic panels and inverters, energy efficiency hot water systems, cooking appliances, and other household products and consumables.

Further Reading: Why do companies issue convertible shares?

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