Intellicheck Inc (NYSEAMERICAN:IDN) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a report issued on Tuesday, November 14th.

A number of other research analysts have also weighed in on IDN. Oppenheimer Holdings, Inc. assumed coverage on Intellicheck in a report on Wednesday, September 20th. They set an “outperform” rating and a $4.00 target price on the stock. CIBC assumed coverage on Intellicheck in a report on Wednesday, September 20th. They set an “outperform” rating and a $4.00 target price on the stock. Finally, Northland Securities assumed coverage on Intellicheck in a report on Wednesday, September 6th. They set an “outperform” rating and a $4.30 target price on the stock. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $4.10.

Intellicheck (NYSEAMERICAN:IDN) traded up $0.01 during trading hours on Tuesday, hitting $2.29. The company’s stock had a trading volume of 9,445 shares, compared to its average volume of 55,012. Intellicheck has a 52-week low of $1.80 and a 52-week high of $4.55.

Intellicheck (NYSEAMERICAN:IDN) last posted its quarterly earnings results on Tuesday, November 14th. The industrial products company reported ($0.08) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.08). The firm had revenue of $0.97 million for the quarter, compared to analyst estimates of $1.17 million. Intellicheck had a negative return on equity of 37.73% and a negative net margin of 115.48%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC lifted its position in shares of Intellicheck by 0.8% during the 2nd quarter. First Eagle Investment Management LLC now owns 1,068,386 shares of the industrial products company’s stock valued at $4,145,000 after acquiring an additional 8,750 shares during the period. Vanguard Group Inc. lifted its position in shares of Intellicheck by 81.1% during the 2nd quarter. Vanguard Group Inc. now owns 99,502 shares of the industrial products company’s stock valued at $386,000 after acquiring an additional 44,560 shares during the period. Finally, Clear Harbor Asset Management LLC lifted its position in shares of Intellicheck by 21.4% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 1,141,162 shares of the industrial products company’s stock valued at $3,287,000 after acquiring an additional 201,250 shares during the period.

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About Intellicheck

Intellicheck, Inc, formerly Intellicheck Mobilisa, Inc, is a technology company. The Company is engaged in developing, integrating and marketing wireless technology and identity systems for various applications, including mobile and handheld access control, and security systems for the government, military and commercial markets.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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