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Absolute Software Corporation is currently in a long term uptrend where the price is trading 7.9% above its 200 day moving average.
From a valuation standpoint, the stock is 57.5% cheaper than other stocks from the Technology sector with a price to sales ratio of 5.8.
Absolute Software Corporation's total revenue rose by 15.7% to $30M since the same quarter in the previous year.
Its net income has dropped by 29.8% to $2M since the same quarter in the previous year.
Finally, its free cash flow grew by 808.3% to $13M since the same quarter in the previous year.
Based on the above factors, Absolute Software Corporation gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | CA00386B1094 |
Sector | Technology |
Industry | Software - Application |
Market Cap | 551M |
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PE Ratio | None |
Target Price | 19.42 |
Dividend Yield | 2.3% |
Beta | 0.36 |
Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. The company's Absolute platform offer Absolute Visibility that provides information on device hardware, software, and location; Absolute Control that provide remediation capabilities, such as the ability to remotely freeze devices and delete data; Absolute Resilience, which offer remote scripting, self-healing for critical apps, investigation and recovery services, and sensitive data identification; Absolute Ransomware Response that enables organizations to assess their ransomware preparedness for endpoints, monitors their endpoint cyber hygiene across the entire device fleet and allows for an expedited endpoint recovery; Absolute VPN an enterprise solution; Absolute ZTNA that protects networks and employees with real time risk analysis; and Absolute Insights for Network provides real-time data about device, application, and network performance in a single pane of glass. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to healthcare organizations, educational institutions, governmental agencies, and individual consumers. It operates in North America, the United Kingdom, Vietnam, Germany, Australia, Japan, and Latin America. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. As of July 27, 2023, Absolute Software Corporation was taken private.
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