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

Class Ltd (ASX:CL1) insider Matthew Quinn bought 34,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was acquired at an average price 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 bought 40,000 shares of Class stock. The stock was acquired at an average price of A$1.17 ($0.83) per share, for a total transaction of A$46,800.00 ($33,191.49).

Shares of ASX CL1 opened at A$1.07 ($0.76) on Thursday. The firm has a market capitalization of $131.35 million and a P/E ratio of 16.21. The company has a quick ratio of 4.22, a current ratio of 4.45 and a debt-to-equity ratio of 3.48. The stock’s 50-day simple moving average is A$1.58 and its two-hundred day simple moving average is A$1.80. Class Ltd has a twelve month low of A$1.15 ($0.82) and a twelve month high of A$2.36 ($1.67).

The firm also recently announced a Interim dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 27th will be paid a $0.025 dividend. The ex-dividend date is Thursday, February 27th. This represents a yield of 1.39%. Class’s dividend payout ratio is currently 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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