Zacks Investment Research upgraded shares of ImageWare Systems Inc. (OTCMKTS:IWSY) from a sell rating to a hold rating in a report released on Wednesday.

According to Zacks, “ImageWare Systems, Inc. is a software company specializing in digital photography and database management. The company utilizes its imaging technology to develop software used to create booking and investigative software, smart and secure identification documents, and software for professional photographers. “

ImageWare Systems (OTCMKTS:IWSY) opened at 1.19 on Wednesday. The company has a 50-day moving average price of $1.32 and a 200-day moving average price of $1.31. The firm’s market capitalization is $112.51 million. ImageWare Systems has a 12-month low of $0.85 and a 12-month high of $1.64.

ImageWare Systems (OTCMKTS:IWSY) last issued its earnings results on Tuesday, August 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.03). ImageWare Systems had a negative net margin of 214.17% and a negative return on equity of 316.64%. On average, analysts predict that ImageWare Systems will post ($0.10) earnings per share for the current year.

ImageWare Systems Company Profile

ImageWare Systems Incorporated (ImageWare) provides biometrically enabled software-based identity management solutions. The Company’s product, IWS Biometric Engine, is a multi-biometric software platform that is hardware and algorithm independent, enabling the enrollment and management of unlimited population sizes.

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