Gaetano (Guy) Russo Acquires 665,000 Shares of SomnoMed Limited (ASX:SOM) Stock

SomnoMed Limited (ASX:SOM) insider Gaetano (Guy) Russo acquired 665,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were purchased at an average price of A$0.44 ($0.29) per share, with a total value of A$294,595.00 ($190,061.29).

SomnoMed Price Performance

The company has a quick ratio of 1.05, a current ratio of 1.76 and a debt-to-equity ratio of 14.93.

About SomnoMed

SomnoMed Limited, together with its subsidiaries, engages in the production and sale of devices for the oral appliances for the treatment of sleep related disorders in Europe, North America, and the Asia Pacific region. Its flagship product SomnoDent Avant, as well as SomnoDent Classic, SomnoDent Flex, and SomnoDent Fusion are offered for the treatment of obstructive sleep apnea.