BIO-key International (NASDAQ:BKYI) Stock Crosses Below 200 Day Moving Average – Here’s Why

Shares of BIO-key International, Inc. (NASDAQ:BKYI) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.09 and traded as low as $0.69. BIO-key International shares last traded at $0.72, with a volume of 17,640 shares.

BIO-key International Price Performance

The stock has a market capitalization of $2.24 million, a P/E ratio of -0.32 and a beta of 0.49. The company has a current ratio of 0.78, a quick ratio of 0.71 and a debt-to-equity ratio of 0.63. The company has a fifty day simple moving average of $0.97 and a two-hundred day simple moving average of $1.08.

BIO-key International (NASDAQ:BKYI) last posted its earnings results on Thursday, March 27th. The technology company reported ($0.53) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.18). BIO-key International had a negative net margin of 72.53% and a negative return on equity of 3,124.77%. The business had revenue of $1.46 million during the quarter, compared to analyst estimates of $2.29 million.

BIO-key International Company Profile

BIO-key International, Inc develops and markets fingerprint identification biometric technology and software solutions, and enterprise-ready identity access management solutions for commercial, government, and education customers in the United States and internationally. The company offers BIO-key PortalGuard and PortalGuard IDaaS solutions, a customer-controlled and neutral-by-design cloud-based identity platform that allows customers to integrate with any cloud or on-premises SaaS application, as well as windows device authentication through IAM platform.