Guidance Software (GUID) is the world leader in digital investigations. Their EnCase suite of forensic software products has become the industry standard and is used by consultancies, law enforcement and government agencies for searching, collecting, preserving, analyzing and authenticating electronic computer forensic data for use in criminal and civil court proceedings. Their customer base exceeds 28,000, including more than half of the Fortune 500 and over 1000 government and law enforcement agencies worldwide.
Industry Trend
Explosive Growth in Data Related Risks Requiring Digital Investigations
Worldwide adoption of local and wide area networks, e-mail and the internet have significantly increased communications within and between organizations and have created the ability to generate, store, share and distribute massive amounts of electronic information instantaneously all over the globe.
Increased productivity and lower costs of doing business through these networks comes at a price, higher exposure to organizations to increasing areas of risk associated with the growing proliferation of electronic data. Companies must now prioritize and prepare for the need to quickly and efficiently recover and analyze vast amounts of electronic data through processes called digital investigations.
This includes searching, collecting and processing litigation-related data, responding to regulatory requests for data, addressing corporate policy violations such as intellectual property theft, employee fraud and employee policy violations, and responding to IT security attacks or breaches.
GUID Stock Price
Technical Analysis
Like virtually all stock prices in every market, shares have been in a steady downtrend. In August, the shares broke their major support at the $8 area and plunged to below $6 and have been subject to the same worldwide liquidation as every other equity taking GUID down to a 52-week low at $2.00 in late October.
In more recent weeks the stock has resisted further decline even on the scary washout trading sessions and
