Insider Buying: 5G Networks Limited (ASX:5GN) Insider Acquires 280,000 Shares of Stock

5G Networks Limited (ASX:5GN) insider Hugh Robertson purchased 280,000 shares of the business’s stock in a transaction dated Friday, April 4th. The stock was bought at an average price of A$0.15 ($0.09) per share, for a total transaction of A$40,880.00 ($24,775.76).

5G Networks Price Performance

The company has a debt-to-equity ratio of 17.82, a current ratio of 2.05 and a quick ratio of 0.45.

5G Networks Company Profile

5G Networks Limited, a digital services company, provides cloud enabling solutions in Australia and New Zealand. The company offers data connectivity, cloud and data center, and managed services. It provides cloud-based solutions and network services; and operates fiber and wireless infrastructure, manages cloud computing environment, and operates data center facilities.