Insider Buying: Comms Group (ASX:CCG) Insider Acquires A$26,800.00 in Stock

Comms Group Limited (ASX:CCGGet Free Report) insider Peter McGrath purchased 400,000 shares of the stock in a transaction on Friday, February 13th. The shares were purchased at an average price of A$0.07 per share, for a total transaction of A$26,800.00.

Comms Group Price 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 capitalization of $29.59 million, a PE ratio of -283.71 and a beta of 1.05.

Comms Group Announces Dividend

The company also recently announced a Interim dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 30th will be paid a $0.001 dividend. The ex-dividend date of this dividend is Sunday, March 15th. This represents a yield of 179.0%.

About Comms Group

(Get Free Report)

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. The company was incorporated in 2017 and is based in Sydney, Australia.

Further Reading

Insider Buying and Selling by Quarter for Comms Group (ASX:CCG)

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