authID Inc. (NASDAQ:AUID - Get Free Report) shares shot up 1.8% during trading on Friday . The stock traded as high as $5.71 and last traded at $5.44. 68,587 shares were traded during trading, a decline of 17% from the average session volume of 82,712 shares. The stock had previously closed at $5.34.
authID Trading Up 0.6%
The stock has a market cap of $66.53 million, a P/E ratio of -3.21 and a beta of 1.69. The business has a 50-day simple moving average of $5.46 and a 200 day simple moving average of $5.87.
authID (NASDAQ:AUID - Get Free Report) last posted 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
Several hedge funds and other institutional investors have recently bought and sold shares of AUID. Wealthspire Advisors LLC increased its stake in authID by 1,717.0% during the 1st quarter. Wealthspire Advisors LLC now owns 542,693 shares of the company's stock valued at $2,632,000 after purchasing an additional 512,826 shares in the last quarter. Scoggin Management LP grew its position in authID by 42.5% during the first quarter. Scoggin Management LP now owns 249,388 shares of the company's stock valued at $1,210,000 after buying an additional 74,388 shares during the period. Corient Private Wealth LLC increased its stake in shares of authID by 40.8% during the 4th quarter. Corient Private Wealth LLC now owns 22,000 shares of the company's stock worth $132,000 after purchasing an additional 6,375 shares during the last quarter. Comerica Bank raised its stake in shares of authID by 11.7% in the first quarter. Comerica Bank now owns 19,127 shares of the company's stock valued at $93,000 after buying an additional 2,000 shares during the period. Finally, Northern Trust Corp lifted its holdings in authID by 25.8% during the fourth quarter. Northern Trust Corp now owns 13,036 shares of the company's stock valued at $78,000 after purchasing an additional 2,675 shares during the last quarter. 8.83% of the stock is owned by institutional investors.
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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