Absolute Software (ALSWF) Cut to Sell at Zacks Investment Research

Absolute Software (OTCMKTS:ALSWF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

According to Zacks, “Absolute Software Corporation engages in the business of providing firmware-persistent endpoint security and management solutions. It provides solutions for computer security monitoring and endpoint management industry. The company’s solutions include data protection, lifecycle management, enterprise mobility management and IT service management as well as data loss prevention. Absolute Software Corporation is headquartered in Vancouver, Canada. “

Shares of Absolute Software (OTCMKTS:ALSWF) traded down $0.02 during trading on Wednesday, reaching $5.43. 5,852 shares of the company’s stock traded hands, compared to its average volume of 7,819. Absolute Software has a twelve month low of $5.18 and a twelve month high of $6.97. The company has a market capitalization of $219.12 and a price-to-earnings ratio of -49.36.

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Absolute Software Company Profile

Absolute Software Corporation develops, markets, and supports endpoint security and data risk management, and endpoint management solutions for desktops, laptops, tablets, and smartphones in Canada, the United States, and internationally. The company operates through two segments, Data and Device Security, and Endpoint and Service Management.

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