archTIS (ASX:AR9) Insider Daniel Lai Purchases 208,252 Shares

archTIS Limited (ASX:AR9) insider Daniel Lai purchased 208,252 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was acquired at an average price of A$0.14 per share, for a total transaction of A$29,155.28.

archTIS Stock Performance

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

archTIS Company Profile

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.