Praemium Limited (ASX:PPS) Insider Daniel Lipshut Acquires 30,000 Shares

Praemium Limited (ASX:PPSGet Free Report) insider Daniel Lipshut purchased 30,000 shares of the firm’s stock in a transaction on Thursday, April 10th. The shares were purchased at an average price of A$0.66 ($0.42) per share, with a total value of A$19,740.00 ($12,573.25).

Praemium Price Performance

The company has a quick ratio of 1.96, a current ratio of 2.47 and a debt-to-equity ratio of 1.80. The firm has a market cap of $398.89 million, a PE ratio of 46.42, a P/E/G ratio of 1.00 and a beta of 0.98.

Praemium Cuts Dividend

The business also recently announced a Interim dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were paid a dividend of $0.01 per share. This represents a yield of 1.38%. The ex-dividend date of this dividend was Wednesday, March 5th. Praemium’s payout ratio is currently 50.00%.

About Praemium

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Praemium Limited, together with its subsidiaries, provides advisors and wealth management solutions by seamless digital platform experience in Australia and internationally. The company offers technology solutions, such as reporting, online business management, digital engagement, tax and corporate actions, and investment governance.

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