According to Zacks, “Absolute Software Corporation engages in the business of providing firmware-persistent endpoint security and management solutions. It provides solutions for computer security monitoring and endpoint management industry. The company’s solutions include data protection, lifecycle management, enterprise mobility management and IT service management as well as data loss prevention. Absolute Software Corporation is headquartered in Vancouver, Canada. “
Separately, Imperial Capital reissued an outperform rating and issued a $6.50 target price on shares of Absolute Software in a report on Wednesday, December 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. Absolute Software has a consensus rating of Hold and a consensus target price of $6.67.
Absolute Software (NASDAQ:ALSWF) traded up 1.60% on Friday, hitting $5.73. 4,300 shares of the stock were exchanged. The company has a 50-day moving average price of $5.57 and a 200-day moving average price of $5.12. The firm’s market cap is $223.38 million. Absolute Software has a 52-week low of $4.35 and a 52-week high of $6.48.
Absolute Software (NASDAQ:ALSWF) last posted its earnings results on Monday, February 6th. The industrial products company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by $0.03. The business earned $22.45 million during the quarter.
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