Stoxline.com

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Stoxline Mobile
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Absolute Software Corporation (ABST)

9.74   -0.41 (-4.04%) 11-28 16:00
Open: 10.07 Pre. Close: 10.15
High: 10.2 Low: 9.655
Volume: 45,639 Market Cap: 509(M)

Technical analysis

as of: 2022-11-28 4:37:38 PM
Overall:       
Stoxline posted a BUY today, same as yesterday. Upward movement continues.
Target: Six months: 12.7     One year: 14.28
Support: Support1: 8.68    Support2: 7.23
Resistance: Resistance1: 10.87    Resistance2: 12.22
Pivot: 9.66
Moving Average: MA(5): 9.83     MA(20): 10.09
MA(100): 10.48     MA(250): 9.31
MACD: MACD(12,26): -0.4     Signal(9): -0.5
Stochastic oscillator: %K(14,3): 48.9     %D(3): 43.3
RSI: RSI(14): 43.9
52-week: High: 12.59  Low: 6.78
Average Vol(K): 3-Month: 120 (K)  10-Days: 88 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ ABST ] has closed below upper band by 45.6%. Bollinger Bands are 15.2% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 10.2 - 10.27 10.27 - 10.33
Low: 9.53 - 9.59 9.59 - 9.65
Close: 9.64 - 9.75 9.75 - 9.84

Company Description

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.

Headline News

Sat, 26 Nov 2022
Development Wells report for Nov. 26 - Midland Reporter-Telegram

Tue, 22 Nov 2022
2022-11-22 | TSX:ABST | Press Release | Absolute Software Corporation - Stockhouse

Tue, 22 Nov 2022
Absolute Software to Present at Raymond James Technology Investors Conference | Absolute - Absolute Software

Sat, 12 Nov 2022
Development Wells for Nov. 12 - Midland Reporter-Telegram

Fri, 11 Nov 2022
Absolute Software Corporation (ABST) Q1 2023 Earnings Call Transcript - Seeking Alpha

Thu, 10 Nov 2022
Robinhood, MicroStrategy And Other Big Losers From Wednesday - Absolute Software (NASDAQ:ABST), Affirm Ho - Benzinga

Financial Analysis

Price to Book Value: Underperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Underperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Outperform
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Underperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Technology
Industry:  Software—Application
Shares Out. 52 (M)
Shares Float 35 (M)
% Held by Insiders 0.1 (%)
% Held by Institutions 80.5 (%)
Shares Short 1,150 (K)
Shares Short P.Month 1,120 (K)

Stock Financials

EPS -0.47
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) -0.08
Profit Margin (%) -12.8
Operating Margin (%) -0.3
Return on Assets (ttm) -0.1
Return on Equity (ttm) -400
Qtrly Rev. Growth 22.3
Gross Profit (p.s.) 3.07
Sales Per Share 3.96
EBITDA (p.s.) 0.14
Qtrly Earnings Growth 0
Operating Cash Flow 56 (M)
Levered Free Cash Flow 72 (M)

Stock Valuations

PE Ratio -21.18
PEG Ratio 0
Price to Book value -121.75
Price to Sales 2.45
Price to Cash Flow 9.15

Stock Dividends

Dividend 0.05
Forward Dividend 0
Dividend Yield 0.6%
Dividend Pay Date 2021-11-28
Ex-Dividend Date 2021-11-15
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