BIO-key International, Inc. (OTCMKTS:BKYI) Announces Quarterly Earnings Results
BIO-key International, Inc. (OTCMKTS:BKYI) released its earnings results on Monday. The technology company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.22) by $0.10, Bloomberg Earnings reports. BIO-key International had a negative return on equity of 42.40% and a negative net margin of 95.62%.
BIO-key International (OTCMKTS BKYI) traded up 2.86% during trading on Monday, hitting $3.60. 12,350 shares of the company traded hands. The firm’s market cap is $23.22 million. The company’s 50-day moving average is $3.19 and its 200 day moving average is $2.83. BIO-key International has a 52-week low of $1.44 and a 52-week high of $3.65.
Separately, Maxim Group started coverage on shares of BIO-key International in a research note on Thursday, July 13th. They set a “buy” rating and a $5.50 price objective for the company.
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BIO-key International Company Profile
BIO-key International, Inc develops and markets fingerprint biometric identification and identity verification technologies, cryptographic authentication-transaction security technologies, as well as related identity management and credentialing software solutions. The Company is also engaged in developing automated, finger identification technology that supplements or compliments other methods of identification and verification, such as personal inspection identification, passwords, tokens, smart cards, identity cards, public key infrastructure (PKI), credit card, passports, driver’s licenses, one-time password (OTP) or other form of possession or knowledge-based credentialing.
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