Nicholas (Nick) Armstrong Buys 80,000 Shares of identitii Ltd (ID8) Stock

identitii Ltd (ASX:ID8) insider Nicholas (Nick) Armstrong acquired 80,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was acquired at an average price of A$0.60 ($0.43) per share, with a total value of A$48,080.00 ($34,099.29).

Shares of ASX ID8 remained flat at $A$0.56 ($0.40) during midday trading on Thursday. The stock has a market capitalization of $30.53 million and a PE ratio of -3.97. The company has a debt-to-equity ratio of 0.41, a quick ratio of 13.05 and a current ratio of 13.11. identitii Ltd has a 12 month low of A$0.37 ($0.26) and a 12 month high of A$0.95 ($0.67).

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About identitii

identitii Limited, a financial technology company, develops enterprise software products for the financial services and banking institutions in Australia and internationally. It offers Serra, a bank-to-bank federated database management system that uses block chain technology to enable the secure and auditable exchange of information between financial institutions.

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