Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Absolute Software Corporation (T:ABT)

Business Focus: IT Services & Consulting

INK Edge Outlook

Insider Chart - Past 6 Months

INK Ultra Money Free

Insider Filings

Latest 10 SEDI filings for ABT within the last 6 months
Loading...
See all filings within the past 6 months

Company News

Oct 28, 2020 06:15 ET
Absolute Announces Pricing of US$60 Million Public Offering of Common Shares and Commencement of Trading of Common Shares on Nasdaq
In connection with its previously announced public offering of common shares in the United States and Canada (the “Offering”), Absolute Software Corporation (“Absolute”), a leader in Endpoint Resilience™ solutions, today announced that it has entered into an underwriting agreement with a syndicate of underwriters, comprising Needham & Company and Canaccord Genuity as joint book-running managers and Raymond James as passive book-running manager (collectively, the “Underwriters”). The Underwriters have agreed to purchase 5,454,546 common shares of Absolute (“Common Shares”) at a price of US$11.0
Read full article
Oct 26, 2020 07:40 ET
Absolute Announces Launch of Public Offering of Common Shares in the United States and Canada and Filing of an Application to List on Nasdaq
Absolute Software Corporation (“Absolute”; ABT.TO), a leader in Endpoint Resilience™ solutions, today announced the filing of a preliminary prospectus supplement (the “Supplement”) to its short form base shelf prospectus dated August 27, 2020 (the “Base Prospectus”) in connection with a proposed public offering (the “Offering”) of its common shares (“Common Shares”), and the filing of an application to list its Common Shares on the Nasdaq Global Select Market (“Nasdaq”) under the ticker “ABST”.
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
0.77
--
--
Price to Sales - TTM
4.65
5.57
8.72
Price to Book - most recent quarter
--
4.52
4.23
Price to Cash Flow per share - TTM
20.74
16.32
15.63
Price to Free Cash Flow per share - TTM
26.41
25.74
26.43
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Oct 15, 2020266,99749,317
Sep 30, 2020217,680127,177
Sep 15, 202090,50332,644
See Short Report

Business Summary

Sector:  Technology Industry:  IT Services & Consulting

Absolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company operates through Data and Device Security segment. The Company offers solutions for devices, such as computers, laptops, tablets and smartphones. The Company's solutions are delivered in a software as a service (SaaS) business model. The Company's solutions and technology include Absolute Data and Device Security (Absolute DDS), which enables customers to secure endpoints, asses risk and respond to security threats; Persistence Technology, and Persistence Services. The Company's Absolute DDS enables customers to monitor the security posture of their computing endpoints and respond to security threats. With Absolute DDS, customers can define security alerts based on changes in device attributes, such as software, data, hardware and users.

See business summary

 

Twitter

Search (past week) for $ABT.CA