Uniserve Communications (CVE:USS) Insider Acquires 20,000 Shares

Uniserve Communications Co. (CVE:USS) insider Michael Curt Scholz bought 20,000 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were bought at an average price of C$0.62 per share, for a total transaction of C$12,400.00. Following the completion of the transaction, the insider directly owned 14,491,574 shares in the company, valued at approximately C$8,984,775.88. This represents a 0.14% increase in their position.

Michael Curt Scholz also recently made the following trade(s):

• On Tuesday, June 23rd, Michael Curt Scholz purchased 30,000 shares of Uniserve Communications stock. The shares were bought at an average cost of C$0.61 per share, for a total transaction of C$18,300.00.
• On Thursday, May 14th, Michael Curt Scholz purchased 7,000 shares of Uniserve Communications stock. The stock was bought at an average price of C$0.65 per share, with a total value of C$4,550.00.
• On Monday, May 11th, Michael Curt Scholz purchased 11,500 shares of Uniserve Communications stock. The stock was bought at an average price of C$0.65 per share, with a total value of C$7,475.00.

Uniserve Communications Price Performance

Shares of CVE USS remained flat at C$0.62 during midday trading on Thursday. 22,000 shares of the company traded hands, compared to its average volume of 34,956. The company has a debt-to-equity ratio of 81.21, a current ratio of 1.13 and a quick ratio of 1.07. Uniserve Communications Co. has a 12-month low of C$0.40 and a 12-month high of C$0.75. The firm has a fifty day simple moving average of C$0.65 and a 200-day simple moving average of C$0.64. The firm has a market cap of C$24.76 million, a price-to-earnings ratio of -7.75 and a beta of 2.59.

About Uniserve Communications

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.