ImageWare Systems Inc. (OTCMKTS:IWSY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

According to Zacks, “ImageWare Systems, Inc. is a software company specializing in digital photography and database management. The company utilizes its imaging technology to develop software used to create booking and investigative software, smart and secure identification documents, and software for professional photographers. “

Shares of ImageWare Systems (OTCMKTS:IWSY) opened at 1.18 on Wednesday. ImageWare Systems has a 1-year low of $0.85 and a 1-year high of $1.65. The firm’s market cap is $111.56 million. The company has a 50-day moving average of $1.32 and a 200-day moving average of $1.31.

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ImageWare Systems (OTCMKTS:IWSY) last posted its earnings results on Tuesday, August 9th. The company reported ($0.03) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.03). ImageWare Systems had a negative return on equity of 316.64% and a negative net margin of 214.17%. Analysts predict that ImageWare Systems will post ($0.10) earnings per share for the current fiscal year.

ImageWare Systems Company Profile

ImageWare Systems Incorporated (ImageWare) provides biometrically enabled software-based identity management solutions. The Company’s product, IWS Biometric Engine, is a multi-biometric software platform that is hardware and algorithm independent, enabling the enrollment and management of unlimited population sizes.

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