Comms Group Limited (ASX:CCG – Get Free Report) insider Peter McGrath purchased 1,900,000 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were acquired at an average price of A$0.06 per share, for a total transaction of A$110,200.00.
Comms Group Stock Performance
The company has a market capitalization of $29.59 million, a P/E 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 Cuts Dividend
The firm also recently declared a Final dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 25th will be paid a dividend of $0.001 per share. The ex-dividend date is Wednesday, September 10th. This represents a dividend yield of 212.0%.
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.
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