authID (NASDAQ:AUID) Shares Down 4% – Here’s What Happened

authID Inc. (NASDAQ:AUID – Get Free Report) shares traded down 4% on Friday. The stock traded as low as $0.2505 and last traded at $0.2630. Approximately 114,551 shares were traded during trading, a decline of 95% from the average session volume of 2,458,474 shares. The stock had previously closed at $0.2741.

authID Trading Down 4.0%

The stock has a fifty day moving average of $0.39 and a 200-day moving average of $1.01. The firm has a market capitalization of $4.40 million, a price-to-earnings ratio of -0.21 and a beta of 1.72.

authID (NASDAQ:AUID – Get Free Report) last announced its earnings results on Friday, August 14th. The company reported ($0.29) EPS for the quarter. authID had a negative net margin of 934.06% and a negative return on equity of 297.48%. The company had revenue of $0.49 million for the quarter.

Institutional Trading of authID

A hedge fund recently bought a new position in authID stock. Leo Wealth LLC bought a new position in authID Inc. (NASDAQ:AUID – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 173,302 shares of the company’s stock, valued at approximately $66,000. Leo Wealth LLC owned 1.04% of authID at the end of the most recent reporting period. 8.83% of the stock is owned by institutional investors.

authID Company Profile

(Get Free Report)

authID Inc (NASDAQ: AUID) is a provider of biometric identity verification and authentication technology. The company helps organizations establish that an individual is who they claim to be and supports secure, passwordless access to digital services.

Its solutions use facial biometrics and related identity technologies for applications including identity proofing, account opening, workforce and customer authentication, fraud prevention, and secure digital transactions. The company’s platform is designed to integrate with existing applications and systems through cloud-based tools and application programming interfaces.

authID was formerly known as Ipsidy Inc before adopting the authID name as part of its focus on biometric authentication and digital identity services.

Featured Articles

Receive News & Ratings for authID Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for authID and related companies with MarketBeat.com's FREE daily email newsletter.