Intellicheck Mobilisa (NASDAQ:IDN) Rating Increased to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Intellicheck Mobilisa from a "hold" rating to a "buy" rating, indicating a positive outlook for the company.
• As of the recent reports, Intellicheck Mobilisa's stock had a range between a 1-year low of $1.92 and a 1-year high of $6.49, with a current opening price of $5.02.
• In its latest quarterly earnings, Intellicheck reported earnings per share of ($0.01), aligning with analysts' expectations, along with a revenue of $5.12 million, slightly above estimates.

Intellicheck Mobilisa (NASDAQ:IDN - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

Intellicheck Mobilisa Trading Up 1.0%

Shares of IDN traded up $0.05 during mid-day trading on Friday, reaching $5.22. The company's stock had a trading volume of 239,631 shares, compared to its average volume of 189,660. Intellicheck Mobilisa has a 12-month low of $1.92 and a 12-month high of $6.49. The firm has a market capitalization of $104.61 million, a PE ratio of -130.50 and a beta of 1.21. The firm's 50 day moving average price is $5.20.

Intellicheck Mobilisa (NASDAQ:IDN - Get Free Report) last released its quarterly earnings data on Tuesday, August 12th. The company reported ($0.01) EPS for the quarter, meeting analysts' consensus estimates of ($0.01). Intellicheck Mobilisa had a negative return on equity of 3.09% and a negative net margin of 4.44%.The business had revenue of $5.12 million for the quarter, compared to the consensus estimate of $5.05 million.

About Intellicheck Mobilisa

Intellicheck, Inc, a technology company, develops, integrates, and markets threat identification and identity authentication solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States.