Abaxx Singapore Achieves ISO/IEC 27001:2022 Certification

Abaxx Technologies Inc ( (TSE:ABXX) ) just unveiled an announcement.

Abaxx Singapore has achieved ISO/IEC 27001:2022 certification for its Information Security Management System, confirming its adherence to international standards for data security and operational resilience. This certification, awarded by Prescient Security, assures market participants of the secure and resilient foundation of Abaxx’s exchange and clearing infrastructure, supporting global institutions’ risk, compliance, and business continuity requirements.

Spark’s Take on TSE:ABXX Stock

According to Spark, TipRanks’ AI Analyst, TSE:ABXX is a Neutral.

Abaxx Technologies Inc. has strong revenue growth and a solid balance sheet, but it remains unprofitable with negative cash flow, significantly impacting its financial performance score. Technical analysis points to a stable stock price without significant upward momentum. Valuation metrics are poor due to negative profitability. However, strategic corporate events positively influence the overall score by enhancing financial stability and market potential.

To see Spark’s full report on TSE:ABXX stock, click here.

More about Abaxx Technologies Inc

Abaxx Technologies Inc. is a financial software and market infrastructure company focused on developing technologies to enhance communication, trade, and transactions. It is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns Abaxx Commodity Exchange and Clearinghouse. The company aims to support the energy transition through market infrastructure for centrally-cleared, physically-deliverable futures contracts in commodities like LNG, carbon, and precious metals.

Average Trading Volume: 193,538

Technical Sentiment Signal: Buy

Current Market Cap: C$61.56M

For detailed information about ABXX stock, go to TipRanks’ Stock Analysis page.