Asure Stock Story


USD 5.64  0.05  0.88%   

Today we may see the proof that Absolute Software would recover slower from the newest drop as its shares fell 4.57% to Asure Software's 0.86%. As many rational traders are trying to avoid technology space, it makes sense to sum up Asure Software a little further and understand how it stands against Absolute Software and other similar entities. We are going to discuss some of the competitive aspects of both Asure and Absolute.
Published over three months ago
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Asure Software Current Investor Sentiment

Investor biases related to Asure Software's public news can be used to forecast risks associated with investment in Asure. The trend in average sentiment can be used to explain how an investor holding Asure can time the market purely based on public headlines and social activities around Asure Software. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Asure Software's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Asure Software's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Asure Software's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Asure Software.
Will Asure Software (NASDAQ:ASUR) shadow Absolute Software price appreciation?
By analyzing existing basic indicators between Asure Software and Absolute, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Absolute with a short position in Asure Software. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Asure Software has an asset utilization ratio of 211.08 percent. This connotes that the company is making $2.11 for each dollar of assets. An increasing asset utilization means that Asure Software is more efficient with each dollar of assets it utilizes for everyday operations.

How important is Asure Software's Liquidity

Asure Software financial leverage refers to using borrowed capital as a funding source to finance Asure Software ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Asure Software financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Asure Software's total debt and its cash.

How does Asure utilize its cash?

To perform a cash flow analysis of Asure Software, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Asure Software is receiving and how much cash it distributes out in a given period. The Asure Software cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Asure Software Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Asure Software reported last year Net Cash Flow from Operations of 1.38 Million

Detailed Outlook On Asure Software

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now check Asure Software revenue. Based on the latest financial disclosure, Asure Software reported 71.38 M of revenue. This is 98.25% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The revenue for all United States stocks is 99.24% higher than that of Asure Software. As for Absolute Software we see revenue of 155.23 M, which is much higher than that of the Software—Application

Asure71.38 Million
Absolute155.23 Million
71.4 M
155.2 M

Asure Software has 90 percent odds to go over $6.77 this year

Asure Software latest kurtosis advances over 2.67.
As of the 13th of March 2022, Asure Software shows the mean deviation of 1.48, and Risk Adjusted Performance of (0.13). Asure Software technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Asure Software, which can be compared to its rivals. Please confirm Asure Software variance and potential upside to decide if Asure Software is priced correctly, providing market reflects its regular price of 6.91 per share. Given that Asure Software has jensen alpha of (0.20), we suggest you to validate Asure Software's prevailing market performance to make sure the company can sustain itself at a future point.

Our Final Take On Asure Software

While other entities in the software—application industry are either recovering or due for a correction, Asure may not be as strong as the others in terms of longer-term growth potentials. To sum up, as of the 13th of March 2022, our primary 90 days advice on the enterprise is Strong Hold. We believe Asure Software is undervalued with very high odds of distress for the next two years.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Asure Software. Please refer to our Terms of Use for any information regarding our disclosure principles.

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