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

Comms Group Limited (ASX:CCG) insider Ryan O’Hare purchased 1,000,000 shares of the business’s stock in a transaction on Monday, March 24th. The stock was purchased at an average price 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 bought 1,000,000 shares of Comms Group stock. The stock was purchased at an average price of A$0.05 ($0.03) per share, for a total transaction 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 acquired at an average price of A$0.08 ($0.05) per share, for a total transaction of A$16,000.00 ($10,062.89).

Comms Group Stock Performance

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

Comms Group Announces Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, April 23rd. Investors 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 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.