BIO-key International (NASDAQ:BKYI) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

BIO-key International, Inc. (NASDAQ:BKYI)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.82 and traded as high as $0.88. BIO-key International shares last traded at $0.84, with a volume of 867,002 shares.

BIO-key International Trading Up 0.7%

The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.71 and a current ratio of 0.78. The company’s fifty day simple moving average is $0.82 and its 200-day simple moving average is $1.09. The company has a market capitalization of $4.88 million, a P/E ratio of -0.40 and a beta of 0.24.

BIO-key International (NASDAQ:BKYI) last posted its quarterly earnings results on Thursday, May 15th. The technology company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.08. 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 $1.61 million during the quarter, compared to analyst estimates of $1.30 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.