Insider Buying: Dropsuite Limited (ASX:DSE) Insider Purchases A$348,000.00 in Stock

Dropsuite Limited (ASX:DSE) insider Charif Elansari acquired 60,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was purchased at an average price of A$5.80 ($3.47) per share, for a total transaction of A$348,000.00 ($208,383.23).

Dropsuite Price Performance

The company has a quick ratio of 9.74, a current ratio of 7.87 and a debt-to-equity ratio of 0.28. The company has a market cap of $403.99 million, a PE ratio of 392.48 and a beta of 0.08.

About Dropsuite

Dropsuite Limited, together with its subsidiaries, operates a cloud-based software platform worldwide. It offers Dropsuite Website Backup, a cloud-based website and database backup, and monitoring service that allows website owners to securely backup, recover, monitor, and protect its website data; Dropsuite Email Backup and Archiving, a cloud-based email backup and archiving solution that helps organizations to securely backup, manage, recover, comply, and protect their email data; and Dropsuite for Microsoft Office 365, a backup and archiving solution for Microsoft's Office 365 suite of products, including exchange online, SharePoint, OneDrive, Groups, and Teams, as well as calendars, contacts and tasks.