Moelis Australia (ASX:MOE) Trading Down 1.4%

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Shares of Moelis Australia Ltd (ASX:MOE) dropped 1.4% during trading on Tuesday . The stock traded as low as A$3.54 ($2.51) and last traded at A$3.55 ($2.52), approximately 10,070 shares were traded during mid-day trading. The stock had previously closed at A$3.60 ($2.55).

The company has a debt-to-equity ratio of 34.32, a quick ratio of 4.44 and a current ratio of 4.49. The company has a market capitalization of $552.53 million and a P/E ratio of 19.09. The business has a 50 day moving average price of A$3.84.

About Moelis Australia (ASX:MOE)

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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