T Stamp (IDAI) Projected to Post Earnings on Friday

T Stamp (NASDAQ:IDAI) is anticipated to post its results before the market opens on Friday, April 24th. Analysts expect T Stamp to post earnings of ($0.29) per share and revenue of $0.8950 million for the quarter.

T Stamp (NASDAQ:IDAI) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.10). T Stamp had a negative return on equity of 151.62% and a negative net margin of 265.04%.The business had revenue of $0.91 million for the quarter, compared to analyst estimates of $0.90 million.

T Stamp Stock Performance

NASDAQ IDAI opened at $2.63 on Friday. T Stamp has a 1 year low of $1.44 and a 1 year high of $5.28. The company has a debt-to-equity ratio of 0.13, a current ratio of 7.85 and a quick ratio of 7.85. The firm has a market cap of $13.89 million, a price-to-earnings ratio of -0.98 and a beta of 0.73. The company has a fifty day moving average price of $2.62 and a 200-day moving average price of $3.45.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of T Stamp from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. One analyst has rated the stock with a Buy rating, According to MarketBeat, T Stamp presently has an average rating of “Buy” and an average price target of $12.00.

Institutional Trading of T Stamp

Several institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new position in T Stamp during the fourth quarter valued at about $204,000. Jane Street Group LLC bought a new position in T Stamp during the fourth quarter valued at about $220,000. Finally, Geode Capital Management LLC boosted its position in T Stamp by 67.7% during the fourth quarter. Geode Capital Management LLC now owns 32,517 shares of the company’s stock worth $127,000 after purchasing an additional 13,125 shares during the period. Institutional investors own 16.34% of the company’s stock.

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.