Absolute Software (TSE:ABST) Sets New 52-Week Low at $10.16

Absolute Software Corp (TSE:ABST) hit a new 52-week low on Thursday . The company traded as low as C$10.16 and last traded at C$10.17, with a volume of 135842 shares trading hands. The stock had previously closed at C$10.61.

The company has a quick ratio of 0.64, a current ratio of 0.74 and a debt-to-equity ratio of 1,598.81. The firm’s 50 day simple moving average is C$11.66. The stock has a market capitalization of C$504.19 million and a price-to-earnings ratio of -58.50.

Absolute Software Company Profile (TSE:ABST)

Absolute is a leader in Endpoint Resilience solutions and the industry’s only undeletable defense platform embedded in over a half-billion devices. Enabling a permanent digital tether between the endpoint and the enterprise who distributed it, Absolute provides IT and Security organizations with complete connectivity, visibility, and control, whether a device is on or off the corporate network, and empowers them with Self-Healing Endpoint®️ security to ensure mission-critical apps remain healthy and deliver intended value.

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