Absolute Software (TSE:ABST) Trading Up 33.7%

Absolute Software Co. (TSE:ABST – Get Rating)’s stock price was up 33.7% on Thursday . The stock traded as high as C$15.33 and last traded at C$15.33. Approximately 327,785 shares were traded during mid-day trading, an increase of 160% from the average daily volume of 125,975 shares. The stock had previously closed at C$11.47.

Absolute Software Trading Down 0.1 %

The firm has a market cap of C$807.06 million, a PE ratio of -20.43 and a beta of 0.56. The company’s fifty day moving average price is C$11.09 and its two-hundred day moving average price is C$13.00. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 8,663.36.

About Absolute Software

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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.