T Stamp (NASDAQ:IDAI) Rating Increased to Hold at Wall Street Zen

T Stamp (NASDAQ:IDAI) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Separately, Maxim Group boosted their target price on T Stamp from $8.00 to $12.00 and gave the stock a “buy” rating in a report on Friday, September 19th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, T Stamp has a consensus rating of “Buy” and a consensus target price of $12.00.

T Stamp Trading Up 8.1%

T Stamp stock opened at $3.86 on Friday. T Stamp has a one year low of $1.43 and a one year high of $18.75. The company’s fifty day moving average price is $4.05 and its two-hundred day moving average price is $3.26. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.98 and a quick ratio of 1.98. The company has a market capitalization of $20.23 million, a price-to-earnings ratio of -1.68 and a beta of 0.70.

T Stamp (NASDAQ:IDAI) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.72) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.56) by ($0.16). The company had revenue of $0.87 million during the quarter, compared to analyst estimates of $0.90 million. T Stamp had a negative return on equity of 290.04% and a negative net margin of 316.25%.

Institutional Trading of T Stamp

An institutional investor recently bought a new position in T Stamp stock. Argentarii LLC purchased a new position in T Stamp Inc. (NASDAQ:IDAI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 75,000 shares of the company’s stock, valued at approximately $246,000. Argentarii LLC owned about 2.95% of T Stamp at the end of the most recent reporting period. 16.34% of the stock is owned by institutional investors and hedge funds.

T Stamp Company Profile

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.