Insider Buying: archTIS (ASX:AR9) Insider Acquires 208,252 Shares of Stock

archTIS Limited (ASX:AR9) insider Daniel Lai bought 208,252 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were bought at an average price of A$0.14 per share, with a total value of A$29,155.28.

archTIS Price Performance

The company has a market capitalization of $22.64 million, a P/E ratio of -5.32 and a beta of 1.69. The company has a debt-to-equity ratio of 12.37, a current ratio of 1.14 and a quick ratio of 2.25.

About archTIS

archTIS Limited engages in the design and development of products, solutions, and services for secure information sharing and collaboration in Australia and internationally. It provides Kojensi, a Software-as-a-Service platform, enables secure collaboration of sensitive and classified information sharing within the defense industry, government, multinational coalitions, and other critical sectors; Kojensi Enterprise which can be deployed on-premises or in a private cloud, that allows multi-level, multi-coalition, and multi-domain collaboration on classified information; and Kojensi Field, which can be deployed on ruggedized equipment, that allows military, government, and aid and emergency service workers to collaborate in the field.