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

Norwood Systems Limited (ASX:NOR) insider Paul Ostergaard acquired 343,750 shares of the stock in a transaction dated Wednesday, October 23rd. The stock was acquired at an average price of A$0.06 ($0.04) per share, for a total transaction of A$19,937.50 ($13,116.78).

Norwood Systems Stock Performance

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

About Norwood Systems

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.