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

Comms Group Limited (ASX:CCG) insider Ryan O’Hare acquired 1,000,000 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was purchased at an average cost of A$0.05 ($0.03) per share, for a total transaction of A$48,000.00 ($30,188.68).

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

• On Tuesday, March 11th, Ryan O’Hare bought 1,000,000 shares of Comms Group stock. The stock was purchased at an average price of A$0.05 ($0.03) per share, with a total value of A$54,000.00 ($33,962.26).
• On Monday, January 13th, Ryan O’Hare purchased 200,000 shares of Comms Group stock. The shares were acquired at an average cost of A$0.08 ($0.05) per share, for a total transaction of A$16,000.00 ($10,062.89).

Comms Group Stock 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 quick ratio of 0.56, a current ratio of 0.68 and a debt-to-equity ratio of 29.49.

Comms Group Dividend Announcement

The firm also recently declared a Interim dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 23rd will be paid a dividend of $0.001 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a dividend yield of 2.12%.

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.