Peter McMorrow Acquires 100,000 Shares of SRG Global Ltd (SRG) Stock
SRG Global Ltd (ASX:SRG) insider Peter McMorrow purchased 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were acquired at an average cost of A$0.34 ($0.24) per share, with a total value of A$33,500.00 ($23,758.87).
Shares of SRG traded up A$0.01 ($0.01) on Friday, reaching A$0.35 ($0.25). 1,170,580 shares of the company’s stock traded hands. The company has a current ratio of 1.43, a quick ratio of 1.28 and a debt-to-equity ratio of 14.04. The company has a market capitalization of $154.15 million and a price-to-earnings ratio of 7.29. SRG Global Ltd has a 52-week low of A$0.33 ($0.23) and a 52-week high of A$0.52 ($0.37).
The firm also recently declared a Interim dividend, which will be paid on Tuesday, April 23rd. Investors of record on Tuesday, April 23rd will be given a dividend of $0.01 per share. This represents a dividend yield of 2.6%. The ex-dividend date is Tuesday, March 12th. SRG Global’s payout ratio is 83.33%.
SRG Global Company Profile
SRG Global Limited provides engineering-led construction, maintenance, and mining services in Australia. It offers design engineering, post-tensioning, form reo pour, structure packages, scaffold and access solutions, facade design and construction, and rope access services for building projects; and bridge construction, dam strengthening, silo and tank construction, ground and slope stabilization, slipform construction, windfarm foundations, stay cable systems, ground anchoring, and heavy lifting and shifting services.
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