Norwood Systems Limited (ASX:NOR) Insider Purchases A$19,937.50 in Stock

Norwood Systems Limited (ASX:NOR) insider Paul Ostergaard bought 343,750 shares of the firm’s stock in a transaction on Wednesday, October 23rd. The shares were acquired at an average cost of A$0.06 ($0.04) per share, with a total value of A$19,937.50 ($13,116.78).

Norwood Systems Stock Performance

The company has a current ratio of 0.21, a quick ratio of 0.45 and a debt-to-equity ratio of 58.15.

Norwood Systems Company Profile

Norwood Systems Limited provides mobile voice, messaging, data, and cyber security services to consumers, enterprises, and carriers worldwide. The company offers World Voicemail, a visual voicemail app; SecondLine for business and personal communication from multiple numbers on a single phone; World Phone for putting a second phone and number on smartphone; World Message, an app-to-app messaging app; World Secure, a Wi-Fi security solution; and World Wi-Fi for finding and securely connecting to Wi-Fi hotspots, as well as Cognitive Voice services.