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Dropsuite Limited to Exit ASX Following Acquisition by NinjaOne

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Dropsuite Limited to Exit ASX Following Acquisition by NinjaOne

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Dropsuite ( (AU:DSE) ) just unveiled an announcement.

Dropsuite Limited is set to be removed from the ASX Official List following its acquisition by NinjaOne Australia Pty Ltd. This strategic move, executed through a scheme of arrangement, signifies a significant transition for Dropsuite, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:DSE) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Dropsuite stock, see the AU:DSE Stock Forecast page.

More about Dropsuite

Dropsuite Limited operates in the technology industry, focusing on cloud-based software solutions that provide backup, archiving, and recovery services for businesses. The company aims to enhance data protection and ensure business continuity for its clients.

Average Trading Volume: 425,655

Technical Sentiment Signal: Buy

Current Market Cap: A$418.2M

See more insights into DSE stock on TipRanks’ Stock Analysis page.

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