Prime Financial Group (ASX:PFG) Insider Sells A$47,000.00 in Stock

Prime Financial Group Limited (ASX:PFG) insider Matthew(Matt) Murphy sold 200,000 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of A$0.24, for a total value of A$47,000.00.

Prime Financial Group Stock Performance

The company has a market capitalization of $59.62 million, a P/E ratio of 17.14 and a beta of 0.55. The company has a current ratio of 1.47, a quick ratio of 1.30 and a debt-to-equity ratio of 28.26.

Prime Financial Group Dividend Announcement

The firm also recently declared a Final dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 24th were given a dividend of $0.009 per share. This represents a yield of 342.0%. The ex-dividend date was Monday, September 1st. Prime Financial Group’s dividend payout ratio is presently 200.00%.

About Prime Financial Group

Prime Financial Group Limited provides wealth management, self-managed superannuation fund (SMSF), accounting and business, capital, and corporate advisory services in Australia. The company offers accounting and business advisory services, such as accounting and tax compliance, business growth advisory and strategy, outsourced CFO and accounting, grants and R&D tax incentives, and innovation and commercialization advice; and capital and corporate advisory services comprising merger and acquisition transactions, capital raising, debt equity markets, and corporate development.