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

Comms Group Limited (ASX:CCG) insider Ryan O’Hare bought 1,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average price of A$0.05 ($0.03) per share, for a total transaction of A$54,000.00 ($34,394.90).

Ryan O’Hare also recently made the following trade(s):

• On Monday, January 13th, Ryan O’Hare bought 200,000 shares of Comms Group stock. The stock was bought at an average price of A$0.08 ($0.05) per share, for a total transaction of A$16,000.00 ($10,191.08).

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 business also recently announced a Interim dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 23rd will be issued a $0.001 dividend. This represents a dividend yield of 2.12%. The ex-dividend date of this dividend is Thursday, March 27th.

About Comms Group

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.