authID Inc. (NASDAQ:AUID) Shares Acquired by Comerica Bank

Comerica Bank increased its holdings in shares of authID Inc. (NASDAQ:AUID) by 58.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,127 shares of the company’s stock after acquiring an additional 6,300 shares during the period. Comerica Bank owned approximately 0.16% of authID worth $103,000 as of its most recent SEC filing.

Separately, Corient Private Wealth LLC lifted its position in authID by 40.8% during the fourth quarter. Corient Private Wealth LLC now owns 22,000 shares of the company’s stock worth $132,000 after buying an additional 6,375 shares during the period. 8.83% of the stock is owned by hedge funds and other institutional investors.

authID Trading Down 3.8%

NASDAQ AUID opened at $5.28 on Monday. The business’s 50-day moving average price is $6.30 and its 200 day moving average price is $6.24. The company has a market capitalization of $69.01 million, a PE ratio of -3.43 and a beta of 1.93. authID Inc. has a twelve month low of $4.01 and a twelve month high of $12.31.

authID (NASDAQ:AUID) last posted its earnings results on Tuesday, May 13th. The company reported ($0.40) earnings per share (EPS) for the quarter. authID had a negative net margin of 1,702.46% and a negative return on equity of 89.02%.

About authID

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.