ABST Stocks Valuation and Technical Analysis
Absolute Software Corporation
(NASDAQ:ABST)
$11.31
-0.18 (-1.57%)
At Close: 4:00 PM
$11.31
0.00 (0.00%)
After Market: 11:33 PM
ABST Stock Performance Chart (1 Year)
Absolute Software Corporation
The price of a stock is the truest depiction of a company's value and what the market anticipates about its performance. A stock's market value is critical, but the process is plagued with uncertainty, leading to investor skepticism.
However, in today's economic environment, investors may learn a lot about the market expectations of their target stocks by looking at stock's performance and important indicators.
Comparing their expectations to the market could help investors estimate their prospective return.
Performance
ABST Fundamental Analysis
- ATR0.41
- Enterprise Value825.44M
- Avg Vol (3 Months)696.26K
- Avg Vol (10 Days)1.49M
ABST Stock Performance Chart (52 Weeks)
- 52-Week High12.59
- 52-Week Low7.39
- 52-Week Chg22.58%
- S&P 500 52-Week Chg1.77%
ABST Industry Analysis and Valuation
Valuation
- P/E (TTM)
- P/C (MRQ)
- P/S (TTM)
- P/B (MRQ)
ABST
- N/A
- 12.13
- 2.81
- N/A
Industry Avg
Sector Median
S&P 500
ABST Technical Analysis
- SMA 2030.04%
- SMA 5036.99%
- SMA 20012.81%
- RSI (14)80.23
Frequently Asked Questions
How is ABST price-to-earnings ratio currently?
ABST has a current P/E ratio of N/A.
How are ABST's price-to-sale and price-to-book ratios?
The ABST stock has a trailing twelve month price-to sales (P/S) ratio of 2.81 while its price-to-book (P/B) value is N/A.
Is Absolute Software Corporation's price-to-cash ratio high or low?
ABST's price-to-cash (P/C) ratio is 12.13, an indicator that is currently being trending upward.
What's current simple moving average (SMA) for ABST?
Based on ABST's recent bid, its distance from 20 days simple moving average is 30.04%. It is 36.99% apart from 50 days simple moving average, and it is 12.81% apart from 200 days simple moving average.
What is the 52-week price range for ABST?
The 52-week high for ABST is $12.59 which is 0.33% away from the current price level whereas the distance of that from the 52-week low of $7.39 stands at 0.24%.
An overview of ABST's stock performance: how did it fare?
The performance of ABST stock was encouraging with all of its significant price indictors in green. Absolute Software Corporation (NASDAQ: ABST) shares have moved downward -1.57% or -$0.18 in the latest trading session and have gained 8.19% year-to-date (YTD). The stock has gained nearly 35.27% over the past year. After moving -0.92% over the trailing 3-month period, the stock is 12.50% higher in the 6-month period. Looking at its performance over the shorter term, it's up 33.51% a week and 29.53% a month.
What is ABST's 14-day relative strength index (RSI)?
The current 14-day RSI for ABST stock is 80.23. Investors and traders alike rely on the relative strength index, or RSI, as an oscillating indicator. In terms of values, the RSI operates within a range ranging from 0 to 100. A rising RSI line indicates strength in the shares. As the RSI line falls, the opposite occurs. It is possible to examine different time periods when using the RSI indicator. Shorter time frames can cause the RSI to be more volatile. Most traders pay close attention to the marks between 30 and 70 on the RSI scale. When the stock price moves over 70, it is often considered to be an indicator of overbought conditions. Dropping below 30 indicates oversold territory. These levels are often used by traders to forecast stock price reversals.
For ABST, what is the average true range (ATR) for the past two weeks?
ATR stands for Average True Range, which may be useful when traders or investors are assessing technical inventory. Currently, Absolute Software Corporation (ABST) has a 14-day ATR of 0.41.
What is ABST's current enterprise value?
After closing at $11.31 with 52.41 Million of its shares outstanding, the current enterprise value of ABST is roughly 825.44 Million.
Over the past year, how has the stock price of ABST changed?
Absolute Software Corporation (NASDAQ: ABST) is up 22.58% when it comes to the percentage price change over the past 52-weeks. The percentage price change came more than that of broader S&P 500 index that came at a rise of 1.77%. ABST stock price is also up 8.19% on its value in year-to-date trading.
What is the average trading volume for ABST shares?
The number outstanding shares of ABST is 52.41 Million, and of these 52.19 Million shares are freely available for trading. On average, ABST stock has traded 1.49 Million shares per day for the past 10 days. A total of 1.34 Million shares changed hands during the last trading session with the average session volume of 696.26 Thousands shares.