Iress Limited (ASX:IRE) Insider Susan Forrester Buys 2,550 Shares of Stock

Iress Limited (ASX:IRE) insider Susan Forrester bought 2,550 shares of the stock in a transaction dated Tuesday, February 25th. The shares were purchased at an average cost of A$7.82 ($4.95) per share, for a total transaction of A$19,941.00 ($12,620.89).

Iress Price Performance

The company has a market cap of $1.69 billion, a price-to-earnings ratio of 87.09, a PEG ratio of 2.48 and a beta of 1.14. The company has a debt-to-equity ratio of 129.62, a quick ratio of 1.45 and a current ratio of 1.98.

Iress Cuts Dividend

The company also recently declared a Final dividend, which will be paid on Sunday, March 30th. Stockholders of record on Sunday, March 30th will be paid a dividend of $0.10 per share. The ex-dividend date is Sunday, March 9th. This represents a dividend yield of 1.3%. Iress’s dividend payout ratio (DPR) is 511.11%.

About Iress

Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital client solutions, data-driven compliance and analytics, and regulatory obligations management solutions; and market data, trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, securities lending, analytical tools, algorithmic trading, market making, CFD clearing, post trade solutions, and trading and market data APIs.