Charif Elansari Purchases 500,000 Shares of Dropsuite Limited (ASX:DSE) Stock

Dropsuite Limited (ASX:DSE) insider Charif Elansari bought 500,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were acquired at an average cost of A$0.28 ($0.18) per share, for a total transaction of A$137,500.00 ($91,059.60).

Dropsuite Price Performance

The company has a quick ratio of 9.74, a current ratio of 8.31 and a debt-to-equity ratio of 0.53.

Dropsuite Company Profile

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.