The price of T Stamp Inc. (NASDAQ:IDAI) shares last traded on Wall Street rose 4.17% to $1.00.
Based on available information, 1 analysts follow T Stamp Inc. (NASDAQ:IDAI). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $2.50 and a low of $2.50, we find $2.50. Given the previous closing price of $0.96, this indicates a potential upside of 160.42 percent. IDAI stock price is now 48.48% away from the 50-day moving average and -25.55% away from the 200-day moving average. The market capitalization of the company currently stands at $24.35M.
Among analysts, 0 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $2.50 as their price target over the next twelve months.
A total of 36.34% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in IDAI stock. A new stake in T Stamp Inc. shares was purchased by ARMISTICE CAPITAL, LLC during the first quarter worth $975,000. MILLENNIUM MANAGEMENT LLC invested $114,000 in shares of IDAI during the first quarter. In the first quarter, GEODE CAPITAL MANAGEMENT, LLC acquired a new stake in T Stamp Inc. valued at approximately $73,000. CITADEL ADVISORS LLC acquired a new stake in IDAI for approximately $20,000. JANE STREET GROUP, LLC purchased a new stake in IDAI valued at around $14,000 in the second quarter. In total, there are 6 active investors with 5.50% ownership of the company’s stock.
A candlestick chart of T Stamp Inc. (NASDAQ: IDAI) showed a price of $0.9345 on Tuesday morning. During the past 12 months, T Stamp Inc. has had a low of $0.40 and a high of $8.05. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 1.50, and a quick ratio of 1.50. The fifty day moving average price for IDAI is $0.6735 and a two-hundred day moving average price translates $1.3432 for the stock.
The latest earnings results from T Stamp Inc. (NASDAQ: IDAI) was released for Jun, 2022. The company reported revenue of $1.35 million for the quarter, compared to $0.33 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 308.79 percent.
T Stamp Inc.(IDAI) Company Profile
T Stamp Inc. develops and markets identity authentication software solutions for government, enterprise partners, and peer-to-peer markets in the United States, the United Kingdom, and Malta. The company’s artificial intelligence powered solutions include researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks. Its solution converts biometric and other identifying data into an Irreversibly Transformed Identity Token that serves as a secure tokenized identity. The company also offers solutions for privacy and data protection, document validation, identity verification, duplicate detection, and biometric capture. It serves banking/fintech; humanitarian and development services; biometrically secured email; KYC/AML compliance; government and law enforcement; P2P transactions, social media, and sharing economy; and real estate, travel, and healthcare industries. The company was incorporated in 2016 and is headquartered in Atlanta, Georgia.