Ryan O’Hare Purchases 1,000,000 Shares of Comms Group Limited (ASX:CCG) Stock

Comms Group Limited (ASX:CCG) insider Ryan O’Hare purchased 1,000,000 shares of the stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average price of A$0.05 ($0.03) per share, for a total transaction of A$54,000.00 ($34,394.90).

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

• On Monday, January 13th, Ryan O’Hare purchased 200,000 shares of Comms Group stock. The shares were acquired at an average price of A$0.08 ($0.05) per share, for a total transaction of A$16,000.00 ($10,191.08).

Comms Group Stock Performance

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

Comms Group Dividend Announcement

The company also recently disclosed a Interim dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 23rd will be given a dividend of $0.001 per share. The ex-dividend date is Thursday, March 27th. This represents a yield of 2.12%.

About Comms Group

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.