ABSOLUTE SOFTWARE (ABT) Stocks
ABOUT ABSOLUTE SOFTWARE
Absolute Software Corporation is a Canadian company that specializes in endpoint security and data risk management solutions.
The company is headquartered in Vancouver, British Columbia, Canada and Austin, Texas, with regional offices in Reading, UK; and Ho Chi Minh City, Vietnam.
The company has a history dating back to 1993, when it was established with the primary goal of creating a product that would enable individuals and businesses to manage, track and secure computers, regardless of the physical location of the device.
In 2005, the company’s Persistence technology was embedded for the first time into the firmware or BIOS of a computer. This was the start of an ongoing partnership with most major original equipment manufacturers (OEMs) where the company’s technology ships with the hardware from the factory.
In 2007 the company achieved Gold Certified Partner Status in the Microsoft Partner Programme; a distinction provided be Microsoft to technology companies that have demonstrated expertise in Microsoft-based technologies.
OVERVIEW OF ABSOLUTE SOFTWARE
Absolute Software Corporation provides a cloud-based endpoint visibility and control platform that enables the management and security of computing devices, applications, and data for enterprise and public sector organizations.
The company’s unique platform enables IT and security professionals to enforce asset management, security hygiene, and data compliance for computing endpoints, both on and off the corporate network.
The company’s solutions portfolio is anchored to endpoint devices by its patented Persistence technology, which is embedded in the firmware of laptop, desktop, and tablet devices by most the world’s largest global computer manufacturers.
The company currently serve approximately 12 000 commercial customers worldwide.
The company’s broader market opportunity is driven by the growing incidence of data breaches and cyber-attacks on organizations, together with the increased prevalence of mobile workforces and the increasing regulatory and corporate emphasis on information security and data privacy.
Based on industry analyst research, worldwide spending on security-related IT solutions is forecast to reach US Dollar 134 billion in 2022, with 24% of security spend currently directed to endpoint security, however 70% of data breaches continue to originate on endpoint devices.
VISION & VALUES OF ABSOLUTE SOFTWARE
- Absolute Software Corporation upholds values of ethical governance and transparent communications with all its stakeholders.
- The company ensures that all its investments are conducted in accordance with strict regulatory requirements and provides all necessary reports and documentation in a prompt manner for full disclosure in line with the requirements of its stakeholders.
MARKET PERFORMANCE OF ABSOLUTE SOFTWARE
Absolute Software Corporation trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol -ABT.
Data from the company’s 2019 financial analysis shows total revenue of US Dollar 98.9 million, representing an increase of 6% over the prior fiscal year. Adjusted EBITDA was US Dollar 19.3 million, or 20% of revenue, up from US Dollar 9.2 million, or 10% of revenue, in the prior fiscal year.
The company paid quarterly dividends totalling CAD US Dollar 0.32 per common share.
The company has recorded a strong growth performance, carried by significant demand for its highly differentiated products and services portfolio, which has allowed it to deliver a strong share price for investors with steady long-term growth in dividends, providing a solid buy-in for those who choose to purchase shares today.
Buy ABSOLUTE SOFTWARE stocks / shares – A Step by Step Guide how to Buy / Purchase ABSOLUTE SOFTWARE Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy ABSOLUTE SOFTWARE Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ABSOLUTE SOFTWARE STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE ABSOLUTE SOFTWARE STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ABSOLUTE SOFTWARE stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy ABSOLUTE SOFTWARE stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?