Insider Buying: Infomedia Ltd (ASX:IFM) Insider Acquires 20,000 Shares of Stock

Infomedia Ltd (ASX:IFM) insider Joseph(Joe) Powell bought 20,000 shares of the stock in a transaction on Tuesday, March 18th. The shares were acquired at an average cost of A$1.26 ($0.79) per share, with a total value of A$25,100.00 ($15,786.16).

Infomedia Price Performance

The company has a debt-to-equity ratio of 6.21, a current ratio of 3.08 and a quick ratio of 3.14. The company has a market cap of $537.59 million, a price-to-earnings ratio of 42.57, a price-to-earnings-growth ratio of 1.59 and a beta of 0.78.

Infomedia Announces Dividend

The company also recently declared a Interim dividend, which was paid on Sunday, March 9th. Stockholders of record on Sunday, March 9th were given a dividend of $0.022 per share. The ex-dividend date was Sunday, February 23rd. This represents a dividend yield of 1.48%. Infomedia’s dividend payout ratio is 133.33%.

About Infomedia

Infomedia Ltd, a technology company, develops and supplies electronic parts catalogues, service quoting software, and e-commerce solutions for the automotive industry worldwide. The company offers parts solutions, including Microcat EPC, an electronic parts catalogue; Microcat PartsBridge, a parts ordering system that connects dealers with body shops to sell OE collision parts; Microcat Market, a parts ordering system that connects dealers with repair shops to sell OE mechanical parts; Microcat CRM, an online CRM for wholesale parts; and Microcat Messenger, an instant messaging tool.