T Stamp (NASDAQ:IDAI) Downgraded to “Sell” Rating by Wall Street Zen

T Stamp (NASDAQ:IDAI) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

T Stamp Price Performance

IDAI opened at $2.52 on Friday. The stock has a market capitalization of $13.20 million, a P/E ratio of -1.10 and a beta of 0.70. The stock has a 50-day moving average price of $3.61 and a 200-day moving average price of $3.57. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.18. T Stamp has a 12-month low of $1.43 and a 12-month high of $5.28.

Institutional Investors Weigh In On T Stamp

A number of large investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC purchased a new position in shares of T Stamp in the fourth quarter valued at about $204,000. Jane Street Group LLC bought a new position in shares of T Stamp during the 4th quarter valued at approximately $220,000. Potomac Capital Management Inc. purchased a new position in shares of T Stamp in the 4th quarter worth $754,000. Geode Capital Management LLC increased its stake 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 acquiring an additional 13,125 shares during the last quarter. Finally, Argentarii LLC increased its position in shares of T Stamp by 53.8% during the 4th quarter. Argentarii LLC now owns 115,363 shares of the company’s stock valued at $451,000 after purchasing an additional 40,363 shares during the last quarter. Institutional investors own 16.34% of the company’s stock.

About T Stamp

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.