Iress Limited (ASX:IRE – Get Free Report) insider Susan Forrester acquired 2,550 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was acquired at an average cost of A$7.82 ($4.89) per share, with a total value of A$19,941.00 ($12,463.13).
Iress Price Performance
The firm has a market capitalization of $1.69 billion, a P/E ratio of 87.09, a price-to-earnings-growth ratio of 2.48 and a beta of 1.14. The company has a current ratio of 1.98, a quick ratio of 1.45 and a debt-to-equity ratio of 129.62.
Iress Cuts Dividend
The firm also recently disclosed a Final dividend, which will be paid on Sunday, March 30th. Shareholders of record on Sunday, March 30th will be issued a $0.10 dividend. This represents a yield of 1.3%. The ex-dividend date is Sunday, March 9th. Iress’s dividend payout ratio is presently 511.11%.
About Iress
Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital client solutions, data-driven compliance and analytics, and regulatory obligations management solutions; and market data, trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, securities lending, analytical tools, algorithmic trading, market making, CFD clearing, post trade solutions, and trading and market data APIs.
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