SomnoMed Limited (ASX:SOM) Insider Gaetano (Guy) Russo Acquires 665,000 Shares

SomnoMed Limited (ASX:SOMGet Free Report) insider Gaetano (Guy) Russo bought 665,000 shares of SomnoMed stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of A$0.44 ($0.28) per share, with a total value of A$294,595.00 ($187,640.13).

SomnoMed Stock Performance

The company has a debt-to-equity ratio of 14.93, a current ratio of 1.76 and a quick ratio of 1.05.

SomnoMed Company Profile

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SomnoMed Limited, together with its subsidiaries, engages in the production and sale of devices for the oral appliances for the treatment of sleep related disorders in Europe, North America, and the Asia Pacific region. Its flagship product SomnoDent Avant, as well as SomnoDent Classic, SomnoDent Flex, and SomnoDent Fusion are offered for the treatment of obstructive sleep apnea.

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