Is Absolute Software stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Absolute Software pays dividends. Last time was Wednesday 24th of May 2023 where the investors holding the stock on Wednesday 10th of May 2023 were paid $0.08 per share. Over the last 42 times between 2013 and 2023, Absolute Software has paid $3.15 with an average of $0.08 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Absolute Software 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $7.69, you would have made a profit of $7.51 per share or 97.66%
Yes, the average daily trading liquidity for Absolute Software is $174 122 thousand. You should therefore be able to get in and out of your positions relatively fast.
Absolute Software has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.06, the company's ability to pay off the debt is limited. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Absolute Software to be high [0.9 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.