Absolute Software Analysis

ABSTDelisted Stock  USD 11.49  0.00  0.00%   
Absolute Software is overvalued with Real Value of 9.05 and Hype Value of 11.49. The main objective of Absolute Software delisted stock analysis is to determine its intrinsic value, which is an estimate of what Absolute Software is worth, separate from its market price. There are two main types of Absolute Software's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Absolute Software's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Absolute Software's stock to identify patterns and trends that may indicate its future price movements.
The Absolute Software stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Absolute Software is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Absolute Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Absolute Software's ongoing operational relationships across important fundamental and technical indicators.
  
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Absolute Stock Analysis Notes

About 82.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.5. Absolute Software last dividend was issued on the 10th of May 2023. The entity had 2:1 split on the 2nd of January 2008. 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. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. Absolute Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. For more info on Absolute Software please contact Christy Wyatt at 604-730-9851 or go to https://www.absolute.com.

Absolute Software Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more delisted stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Absolute Software's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Absolute Software or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Absolute Software is not yet fully synchronised with the market data
Absolute Software has a very high chance of going through financial distress in the upcoming years
The company currently holds 277.14 M in liabilities. Absolute Software has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Absolute Software until it has trouble settling it off, either with new capital or with free cash flow. So, Absolute Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Absolute Software sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Absolute to invest in growth at high rates of return. When we think about Absolute Software's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 197.31 M. Net Loss for the year was (24.48 M) with profit before overhead, payroll, taxes, and interest of 160.54 M.
Over 82.0% of the company shares are held by institutions such as insurance companies

Absolute Software Upcoming and Recent Events

Earnings reports are used by Absolute Software to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Absolute Software previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of August 2023
Upcoming Quarterly Report
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14th of November 2023
Next Financial Report
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30th of June 2023
Next Fiscal Quarter End
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22nd of August 2023
Next Fiscal Year End
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31st of March 2023
Last Quarter Report
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30th of June 2022
Last Financial Announcement
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Absolute Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 613.62 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Absolute Software's market, we take the total number of its shares issued and multiply it by Absolute Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Absolute Profitablity

Absolute Software's profitability indicators refer to fundamental financial ratios that showcase Absolute Software's ability to generate income relative to its revenue or operating costs. If, let's say, Absolute Software is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Absolute Software's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Absolute Software's profitability requires more research than a typical breakdown of Absolute Software's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02.

Absolute Software Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Absolute Software insiders, such as employees or executives, is commonly permitted as long as it does not rely on Absolute Software's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Absolute Software insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Absolute Software Predictive Daily Indicators

Absolute Software intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Absolute Software stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

About Absolute Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Absolute Software prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Absolute shares will generate the highest return on investment. We also built our delisted stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Delisted Stock such as Absolute Software. By using and applying Absolute Stock analysis, traders can create a robust methodology for identifying Absolute entry and exit points for their positions.
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. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. Absolute Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Absolute Software to your portfolios without increasing risk or reducing expected return.

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Other Consideration for investing in Absolute Stock

If you are still planning to invest in Absolute Software check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Absolute Software's history and understand the potential risks before investing.
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