Absolute Software (TSE:ABT) Director Amanda Mallow sold 5,350 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of C$6.56, for a total transaction of C$35,096.00.
Absolute Software (TSE:ABT) traded down C$0.19 on Tuesday, reaching C$6.55. 111,737 shares of the company’s stock were exchanged, compared to its average volume of 56,809. Absolute Software has a 12-month low of C$6.54 and a 12-month high of C$8.82. The firm has a market cap of $269.99, a price-to-earnings ratio of -72.89 and a beta of 0.60.
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Friday, February 2nd will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date is Thursday, February 1st. Absolute Software’s dividend payout ratio is presently -273.58%.
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About Absolute Software
Absolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company operates through Data and Device Security segment. The Company offers solutions for devices, such as computers, laptops, tablets and smartphones.
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