Comms Group Limited (ASX:CCG) Insider Acquires A$48,000.00 in Stock

Comms Group Limited (ASX:CCG) insider Ryan O’Hare bought 1,000,000 shares of Comms Group stock in a transaction that occurred on Monday, March 24th. The stock was purchased at an average price of A$0.05 ($0.03) per share, with a total value of A$48,000.00 ($30,188.68).

Ryan O’Hare also recently made the following trade(s):

• On Tuesday, March 11th, Ryan O’Hare acquired 1,000,000 shares of Comms Group stock. The stock was purchased at an average cost of A$0.05 ($0.03) per share, for a total transaction of A$54,000.00 ($33,962.26).
• On Monday, January 13th, Ryan O’Hare purchased 200,000 shares of Comms Group stock. The stock was acquired at an average cost of A$0.08 ($0.05) per share, for a total transaction of A$16,000.00 ($10,062.89).

Comms Group Stock Performance

The company has a market cap of $29.59 million, a price-to-earnings ratio of -283.71 and a beta of 1.05. The company has a quick ratio of 0.56, a current ratio of 0.68 and a debt-to-equity ratio of 29.49.

Comms Group Dividend Announcement

The business also recently declared a Interim dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 23rd will be issued a $0.001 dividend. This represents a yield of 2.12%. The ex-dividend date of this dividend is Thursday, March 27th.

Comms Group Company Profile

Comms Group Limited provides telecommunications and Information Technology (IT) services in Australia, New Zealand, Singapore, and internationally. It offers IT managed, cloud hosting, cloud communications, and unified communications services. The company was formerly known as CommsChoice Group Limited and changed its name to Comms Group Limited in November 2020.