BIO-key International (NASDAQ:BKYI) Stock Price Passes Above Fifty Day Moving Average – What’s Next?
by Scott Moore · The Cerbat GemBIO-key International Inc. (NASDAQ:BKYI – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.64 and traded as high as $0.74. BIO-key International shares last traded at $0.6701, with a volume of 250,468 shares changing hands.
Wall Street Analysts Forecast Growth
BKYI has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of BIO-key International in a research report on Wednesday, January 21st. Wall Street Zen upgraded shares of BIO-key International to a “sell” rating in a report on Saturday, January 3rd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
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BIO-key International Stock Down 1.0%
The company has a 50-day moving average of $0.64 and a 200-day moving average of $0.74. The company has a market capitalization of $7.19 million, a price-to-earnings ratio of -0.64 and a beta of 0.41. The company has a current ratio of 1.26, a quick ratio of 1.13 and a debt-to-equity ratio of 0.17.
BIO-key International (NASDAQ:BKYI – Get Free Report) last issued its quarterly earnings results on Friday, November 14th. The technology company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.03). BIO-key International had a negative return on equity of 73.33% and a negative net margin of 70.23%.The business had revenue of $1.55 million during the quarter, compared to analyst estimates of $1.80 million.
BIO-key International Company Profile
BIO-key International, Inc is a developer and provider of fingerprint biometric identity and access management solutions, serving enterprise and government customers. The company’s core offerings include a range of fingerprint readers and authentication software designed to verify user identity across physical and digital environments. By leveraging proprietary template-on-card and template-on-device technologies, BIO-key seeks to enhance security and streamline user access without reliance on traditional passwords.
In addition to hardware sensors, BIO-key delivers software platforms that integrate with existing IT infrastructures such as Microsoft Active Directory and major workforce management systems.