Insider Buying: Qantas Airways Limited (ASX:QAN) Insider Acquires 70,000 Shares of Stock

Qantas Airways Limited (ASX:QAN) insider John Mullen bought 70,000 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were bought at an average cost of A$7.31 ($5.01) per share, with a total value of A$511,980.00 ($350,671.23).

Qantas Airways Stock Performance

The company has a debt-to-equity ratio of 2,241.84, a quick ratio of 0.42 and a current ratio of 0.34.

Qantas Airways Company Profile

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passenger flying, and air cargo and express freight services; and customer loyalty recognition programs.