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

Comms Group Limited (ASX:CCG) insider Ryan O’Hare bought 1,000,000 shares of the stock in a transaction on Monday, March 24th. The shares were acquired at an average cost of A$0.05 ($0.03) per share, for a total transaction 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 purchased 1,000,000 shares of Comms Group stock. The shares were bought at an average price of A$0.05 ($0.03) per share, with a total value of A$54,000.00 ($33,962.26).
• On Monday, January 13th, Ryan O’Hare acquired 200,000 shares of Comms Group stock. The shares were purchased at an average cost of A$0.08 ($0.05) per share, with a total value of A$16,000.00 ($10,062.89).

Comms Group Stock Performance

The firm has a market capitalization of $29.59 million, a P/E 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 disclosed a Interim dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 23rd will be issued a dividend of $0.001 per share. The ex-dividend date is Thursday, March 27th. This represents a dividend yield of 2.12%.

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.