Ryan O’Hare Purchases 1,000,000 Shares of Comms Group Limited (ASX:CCG) Stock

Comms Group Limited (ASX:CCG) insider Ryan O’Hare bought 1,000,000 shares of the stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average price of A$0.05 ($0.03) per share, with a total value 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 acquired 200,000 shares of Comms Group stock. The shares were bought at an average cost 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 market capitalization of $29.59 million, a price-to-earnings ratio of -283.71 and a beta of 1.05. The company has a current ratio of 0.68, a quick ratio of 0.56 and a debt-to-equity ratio of 29.49.

Comms Group Dividend Announcement

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

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.