Crowd Media Holdings Ltd (CM8) Insider Domenic Carosa Buys 1,339,788 Shares

Crowd Media Holdings Ltd (ASX:CM8) insider Domenic Carosa acquired 1,339,788 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average cost of A$0.02 ($0.01) per share, for a total transaction of A$20,096.82 ($14,253.06).

Shares of ASX CM8 traded up A$0.03 ($0.02) during midday trading on Wednesday, reaching A$0.04 ($0.03). 92,539,716 shares of the stock were exchanged. The stock has a market capitalization of $10.04 million and a price-to-earnings ratio of -0.34. Crowd Media Holdings Ltd has a twelve month low of A$0.01 ($0.01) and a twelve month high of A$0.08 ($0.06). The company has a debt-to-equity ratio of 89.25, a current ratio of 1.04 and a quick ratio of 1.01.

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Crowd Media Company Profile

Crowd Media Holdings Limited, together with its subsidiaries, sells information, entertainment, and content and utility services for mobile phones and tablets in Australasia, Europe, Latin America, the Middle East and Africa, and internationally. The company operates through three segments: Mobile Content-Q&A, Mobile Content-Subscription, and Crowd Media.

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