T Stamp (NASDAQ:IDAI) Posts Quarterly Earnings Results

T Stamp (NASDAQ:IDAI) released its earnings results on Thursday. The company reported $999.00 EPS for the quarter, reports. The company had revenue of $0.76 million during the quarter. T Stamp had a negative return on equity of 142.21% and a negative net margin of 250.57%.

T Stamp Trading Down 7.4%

Shares of T Stamp stock traded down $0.17 during trading on Friday, reaching $2.14. 46,192 shares of the company were exchanged, compared to its average volume of 49,594. The company has a quick ratio of 7.85, a current ratio of 7.85 and a debt-to-equity ratio of 0.13. T Stamp has a twelve month low of $1.80 and a twelve month high of $5.28. The business has a 50-day moving average price of $2.48 and a 200-day moving average price of $3.30. The firm has a market capitalization of $11.30 million, a price-to-earnings ratio of -0.96 and a beta of 0.75.

Institutional Investors Weigh In On T Stamp

A number of institutional investors have recently made changes to their positions in IDAI. Jane Street Group LLC acquired a new stake in shares of T Stamp during the fourth quarter worth $220,000. Kestra Advisory Services LLC acquired a new stake in shares of T Stamp during the fourth quarter worth $204,000. Finally, Geode Capital Management LLC grew its stake in shares of 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. 16.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen cut 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 data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $12.00.

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.