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

BIO-key International Inc. (NASDAQ:BKYI) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.64 and traded as high as $0.74. BIO-key International shares last traded at $0.6701, with a volume of 250,468 shares.

Wall Street Analyst Weigh In

Several research firms recently issued reports on BKYI. Wall Street Zen upgraded BIO-key International to a “sell” rating in a report on Saturday, January 3rd. Weiss Ratings reiterated a “sell (e+)” rating on shares of BIO-key International in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

BIO-key International Stock Down 3.0%

The business has a 50 day simple moving average of $0.64 and a 200-day simple moving average of $0.74. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.13 and a current ratio of 1.26. The firm has a market capitalization of $7.26 million, a price-to-earnings ratio of -0.64 and a beta of 0.41.

BIO-key International (NASDAQ:BKYI) last posted its earnings results on Friday, November 14th. The technology company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.03). The firm had revenue of $1.55 million during the quarter, compared to analyst estimates of $1.80 million. BIO-key International had a negative net margin of 70.23% and a negative return on equity of 73.33%.

BIO-key International Company Profile

BIO-key International, Inc is a developer and provider of fingerprint biometric identity and access management solutions, serving enterprise and government customers. The company’s core offerings include a range of fingerprint readers and authentication software designed to verify user identity across physical and digital environments. By leveraging proprietary template-on-card and template-on-device technologies, BIO-key seeks to enhance security and streamline user access without reliance on traditional passwords.

In addition to hardware sensors, BIO-key delivers software platforms that integrate with existing IT infrastructures such as Microsoft Active Directory and major workforce management systems.