Shares of authID Inc. (NASDAQ:AUID - Get Free Report) traded up 1.8% during trading on Friday . The stock traded as high as $5.71 and last traded at $5.44. 68,587 shares changed hands during trading, a decline of 17% from the average session volume of 82,712 shares. The stock had previously closed at $5.34.
authID Price Performance
The firm's 50-day moving average price is $5.51 and its 200 day moving average price is $5.88. The firm has a market cap of $73.05 million, a P/E ratio of -3.53 and a beta of 1.69.
authID (NASDAQ:AUID - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported ($0.40) earnings per share for the quarter. authID had a negative return on equity of 117.29% and a negative net margin of 1,518.05%.
Institutional Investors Weigh In On authID
Institutional investors and hedge funds have recently bought and sold shares of the business. Northern Trust Corp raised its stake in authID by 25.8% during the fourth quarter. Northern Trust Corp now owns 13,036 shares of the company's stock worth $78,000 after acquiring an additional 2,675 shares during the period. Comerica Bank raised its stake in authID by 58.2% during the fourth quarter. Comerica Bank now owns 17,127 shares of the company's stock worth $103,000 after acquiring an additional 6,300 shares during the period. Corient Private Wealth LLC raised its stake in authID by 40.8% during the fourth quarter. Corient Private Wealth LLC now owns 22,000 shares of the company's stock worth $132,000 after acquiring an additional 6,375 shares during the period. Scoggin Management LP raised its stake in authID by 42.5% during the first quarter. Scoggin Management LP now owns 249,388 shares of the company's stock worth $1,210,000 after acquiring an additional 74,388 shares during the period. Finally, Wealthspire Advisors LLC raised its stake in authID by 1,717.0% during the first quarter. Wealthspire Advisors LLC now owns 542,693 shares of the company's stock worth $2,632,000 after acquiring an additional 512,826 shares during the period. Institutional investors and hedge funds own 8.83% of the company's stock.
About authID
(
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authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.
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