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Director Increases Stake in Murray Cod Australia

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Director Increases Stake in Murray Cod Australia

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Murray Cod Australia Limited ( (AU:MCA) ) has shared an update.

Murray Cod Australia Limited announced a change in the director’s interest, with Brett William Fisher Paton acquiring an additional 2,105,264 ordinary shares through an off-market transfer. This transaction increases Paton’s total holdings to 5,390,222 shares, reflecting a strategic move to strengthen his position within the company. The transfer was executed at the same price as a recent placement, indicating alignment with the company’s market valuation and potentially signaling confidence in the company’s future performance.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.

More about Murray Cod Australia Limited

Murray Cod Australia Limited operates in the aquaculture industry, focusing on the production and sale of Murray Cod, a premium freshwater fish. The company is dedicated to sustainable farming practices and aims to supply high-quality fish to both domestic and international markets.

Average Trading Volume: 43,604

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$134.4M

See more insights into MCA stock on TipRanks’ Stock Analysis page.

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