Cristiano (Cris) Nicolli Purchases 305,102 Shares of ReadCloud (ASX:RCL) Stock

ReadCloud Limited (ASX:RCL) insider Cristiano (Cris) Nicolli bought 305,102 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were purchased at an average price of A$0.09 per share, for a total transaction of A$26,543.87.

ReadCloud Price Performance

The company has a quick ratio of 1.98, a current ratio of 1.26 and a debt-to-equity ratio of 2.57. The firm has a market cap of $13.36 million, a price-to-earnings ratio of -32.14 and a beta of 1.51.

ReadCloud Company Profile

ReadCloud Limited provides eLearning software and industry-based training solutions to schools and educational institutions in Australia. The company offers eBook platform that delivers digital content to students and teachers with ability to make commentary in and import third party content into eBooks. Its eBooks allows students and teachers to share notes, questions, videos, and web links directly inside the eBooks turning the eBook into a place for discussion, collaboration, and social learning.