T Stamp (NASDAQ:IDAI) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of T Stamp (NASDAQ:IDAI) from a hold rating to a sell rating in a research report sent to investors on Saturday.

Separately, Maxim Group upped their price target on shares of T Stamp from $8.00 to $12.00 and gave the company a “buy” rating in a report on Friday, September 19th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $12.00.

T Stamp Price Performance

IDAI opened at $3.95 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.98 and a quick ratio of 1.98. The stock’s 50 day simple moving average is $3.75 and its 200 day simple moving average is $3.04. The firm has a market cap of $20.70 million, a price-to-earnings ratio of -1.72 and a beta of 0.70. T Stamp has a 1 year low of $1.43 and a 1 year high of $18.75.

T Stamp (NASDAQ:IDAI) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.72) earnings per share for the quarter, missing the consensus estimate of ($0.56) by ($0.16). The company had revenue of $0.87 million during the quarter, compared to the consensus estimate of $0.90 million. T Stamp had a negative net margin of 316.25% and a negative return on equity of 290.04%.

Hedge Funds Weigh In On T Stamp

An institutional investor recently bought a new position in T Stamp stock. Argentarii LLC purchased a new stake in T Stamp Inc. (NASDAQ:IDAI) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 75,000 shares of the company’s stock, valued at approximately $246,000. Argentarii LLC owned approximately 2.95% of T Stamp as of its most recent SEC filing. 16.34% of the stock is currently owned by institutional investors and hedge funds.

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.