T Stamp Inc. (NASDAQ:IDAI – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $2.60 and traded as high as $2.79. T Stamp shares last traded at $2.63, with a volume of 104,303 shares traded.
T Stamp Price Performance
The business’s 50 day moving average is $2.91 and its 200-day moving average is $2.60. The firm has a market capitalization of $14.94 million, a P/E ratio of -1.31 and a beta of 0.72. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.28.
T Stamp (NASDAQ:IDAI – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.14). T Stamp had a negative net margin of 272.78% and a negative return on equity of 137.70%. The firm had revenue of $0.90 million for the quarter, compared to analyst estimates of $0.90 million. As a group, sell-side analysts predict that T Stamp Inc. will post -1.39 EPS for the current fiscal year.
Insider Activity
In other T Stamp news, CEO Gareth Genner purchased 9,394 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were bought at an average price of $3.04 per share, for a total transaction of $28,557.76. Following the purchase, the chief executive officer owned 150,075 shares in the company, valued at approximately $456,228. This trade represents a 6.68% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders acquired 20,927 shares of company stock valued at $60,325. Company insiders own 4.47% of the company’s stock.
Institutional Trading of T Stamp
An institutional investor recently bought a new position in T Stamp stock. Dimensional Fund Advisors LP acquired a new stake in T Stamp Inc. (NASDAQ:IDAI – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,300 shares of the company’s stock, valued at approximately $44,000. Dimensional Fund Advisors LP owned approximately 0.35% of T Stamp as of its most recent SEC filing. Hedge funds and other institutional investors own 16.34% of the company’s stock.
T Stamp Company Profile
T Stamp Inc., doing business as Trust Stamp, is an artificial intelligence and identity services company that develops privacy-focused technologies for identity verification, authentication and fraud prevention. Its platform is designed to help organizations establish trust in digital interactions while limiting the exposure of sensitive personal information. The company provides biometric identity solutions, including facial recognition, identity matching, document verification and liveness detection.
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