T Stamp (NASDAQ:IDAI) Trading Up 1.8%

T Stamp Inc. (NASDAQ:IDAI)’s share price was up 1.8% during trading on Wednesday . The company traded as high as $0.87 and last traded at $0.86. Approximately 24,814 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 317,711 shares. The stock had previously closed at $0.85.

T Stamp Stock Up 1.8 %

The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $8.69 million, a price-to-earnings ratio of -0.73 and a beta of -0.55. The firm’s 50 day simple moving average is $0.93 and its 200-day simple moving average is $1.24.

T Stamp (NASDAQ:IDAI) last issued its earnings results on Monday, April 1st. The company reported ($0.36) EPS for the quarter. The company had revenue of $0.58 million for the quarter. T Stamp had a negative return on equity of 316.10% and a negative net margin of 167.46%.

Institutional Investors Weigh In On T Stamp

An institutional investor recently bought a new position in T Stamp stock. Rafferty Asset Management LLC bought a new stake in T Stamp Inc. (NASDAQ:IDAI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 484,318 shares of the company’s stock, valued at approximately $799,000. Rafferty Asset Management LLC owned about 5.86% of T Stamp at the end of the most recent quarter. Hedge funds and other 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.