Absolute Software (OTCMKTS:ALSWF) Sets New 52-Week High – Still a Buy?

Absolute Software Co. (OTCMKTS:ALSWFGet Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as $0.10 and last traded at $0.01, with a volume of 4100 shares trading hands. The stock had previously closed at $0.01.

Absolute Software Stock Performance

The company’s 50 day moving average price is $5.56. The company has a market cap of $515.75 million, a PE ratio of 0.04 and a beta of 1.05.

About Absolute Software

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Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. Its solutions includes education, financial services, general date protection regulations (GDPR) compliance, government, healthcare, professional services, and technology solutions such as Absolute for Android, and Absolute for Chromebook.

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