Rank One Computing’s (NASDAQ:ROC – Get Free Report) lock-up period will expire on Wednesday, August 19th. Rank One Computing had issued 4,000,000 shares in its public offering on February 20th. The total size of the offering was $24,000,000 based on an initial share price of $6.00. After the expiration of Rank One Computing’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Weiss Ratings upgraded Rank One Computing from a “sell (e-)” rating to a “sell (e)” rating in a research note on Monday, August 3rd. Benchmark reaffirmed a “buy” rating on shares of Rank One Computing in a report on Friday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rank One Computing has an average rating of “Hold” and a consensus price target of $9.00.
Read Our Latest Stock Analysis on ROC
Rank One Computing Stock Up 1.6%
Rank One Computing (NASDAQ:ROC – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $5.09 million for the quarter.
Rank One Computing Company Profile
ROC is an independent American artificial intelligence company redefining the global standard for Vision AI in identity, security, and digital forensics. Our Vision AI platform delivers real-time facial recognition, multimodal biometric verification, video analytics, and AI-powered evidence analysis to mission-critical organizations across both private and public sectors. ROC’s biometric algorithms are routinely ranked by the National Institute of Standards and Technology (“NIST”) as among the most accurate and computationally efficient globally.
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