Intellicheck (NYSE:IDN) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Intellicheck (NYSE:IDN) in a report released on Saturday. The brokerage set a “buy” rating on the stock.

A number of other research firms have also weighed in on IDN. Northland Securities reiterated a “market perform” rating and issued a $4.00 price target on shares of Intellicheck in a research report on Wednesday. DA Davidson reaffirmed a “buy” rating and issued a $5.00 target price on shares of Intellicheck in a report on Friday, March 22nd. Finally, HC Wainwright reissued a “buy” rating and set a $5.00 price target on shares of Intellicheck in a report on Friday, March 22nd.

Intellicheck Price Performance

NYSE:IDN opened at $3.42 on Friday. Intellicheck has a one year low of $1.56 and a one year high of $4.25. The business has a fifty day moving average price of $2.32 and a 200-day moving average price of $2.03. The firm has a market capitalization of $66.38 million, a price-to-earnings ratio of -34.20 and a beta of 1.78.

Intellicheck (NYSE:IDN) last posted its quarterly earnings data on Thursday, March 21st. The company reported $0.04 EPS for the quarter. The firm had revenue of $5.18 million for the quarter, compared to the consensus estimate of $5.16 million. Intellicheck had a negative return on equity of 10.80% and a negative net margin of 10.47%. On average, equities research analysts expect that Intellicheck will post -0.03 earnings per share for the current fiscal year.

Institutional Trading of Intellicheck

Institutional investors and hedge funds have recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. bought a new stake in shares of Intellicheck in the fourth quarter worth about $25,000. UBS Group AG raised its holdings in shares of Intellicheck by 122.1% during the 3rd quarter. UBS Group AG now owns 11,947 shares of the company’s stock worth $27,000 after acquiring an additional 6,567 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in shares of Intellicheck during the 2nd quarter valued at approximately $32,000. Squarepoint Ops LLC purchased a new position in shares of Intellicheck in the first quarter valued at $32,000. Finally, Prudential Financial Inc. bought a new stake in Intellicheck in the first quarter worth $34,000. 42.79% of the stock is currently owned by institutional investors.

About Intellicheck

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