authID Inc. (NASDAQ:AUID - Get Free Report)'s stock price was down 2.4% during mid-day trading on Wednesday . The stock traded as low as $5.88 and last traded at $6.18. Approximately 264,086 shares changed hands during mid-day trading, an increase of 316% from the average daily volume of 63,424 shares. The stock had previously closed at $6.33.
authID Price Performance
The stock has a fifty day moving average of $6.27 and a 200 day moving average of $6.30. The stock has a market cap of $71.96 million, a price-to-earnings ratio of -3.77 and a beta of 1.93.
authID (NASDAQ:AUID - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.49) EPS for the quarter. authID had a negative net margin of 1,702.46% and a negative return on equity of 89.02%. The business had revenue of $199.75 million during the quarter.
Institutional Investors Weigh In On authID
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp boosted its stake in shares of authID by 25.8% in the fourth quarter. Northern Trust Corp now owns 13,036 shares of the company's stock worth $78,000 after buying an additional 2,675 shares during the last quarter. Comerica Bank boosted its position in authID by 58.2% in the 4th quarter. Comerica Bank now owns 17,127 shares of the company's stock worth $103,000 after purchasing an additional 6,300 shares in the last quarter. Corient Private Wealth LLC grew 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 period. Finally, Wealthspire Advisors LLC increased its holdings in shares of 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. 8.83% of the stock is owned by institutional investors and hedge funds.
authID Company Profile
(
Get Free Report)
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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