Matthew Quinn Buys 34,000 Shares of Class Ltd (ASX:CL1) Stock

Class Ltd (ASX:CL1) insider Matthew Quinn purchased 34,000 shares of the stock in a transaction dated Wednesday, March 18th. The shares were bought at an average cost of A$1.11 ($0.78) per share, for a total transaction of A$37,570.00 ($26,645.39).

Matthew Quinn also recently made the following trade(s):

  • On Friday, March 13th, Matthew Quinn purchased 40,000 shares of Class stock. The shares were bought at an average cost of A$1.17 ($0.83) per share, for a total transaction of A$46,800.00 ($33,191.49).

ASX:CL1 opened at A$1.06 ($0.75) on Friday. The company has a quick ratio of 4.22, a current ratio of 4.45 and a debt-to-equity ratio of 3.48. Class Ltd has a fifty-two week low of A$0.89 ($0.63) and a fifty-two week high of A$2.36 ($1.67). The stock has a market cap of $130.12 million and a PE ratio of 16.06. The firm’s fifty day simple moving average is A$1.58 and its 200-day simple moving average is A$1.80.

The business also recently declared a Interim dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 27th will be paid a dividend of $0.025 per share. The ex-dividend date is Thursday, February 27th. This represents a dividend yield of 1.39%. Class’s dividend payout ratio (DPR) is presently 75.76%.

About Class

Class Limited develops and distributes cloud-based accounting, investment reporting, and administration software for accountants, administrators, and advisers in Australia. The company offers Class Super, a cloud based self-managed super fund (SMSF) administration software to streamline various aspects of SMSF administration.

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