T Stamp (NASDAQ:IDAI) Stock Price Up 4.2%

T Stamp Inc. (NASDAQ:IDAIGet Rating)’s stock price rose 4.2% during mid-day trading on Tuesday . The stock traded as high as $1.05 and last traded at $1.00. Approximately 1,209,925 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 1,426,664 shares. The stock had previously closed at $0.96.

Wall Street Analyst Weigh In

Separately, Maxim Group started coverage on T Stamp in a research report on Friday, December 9th. They set a “buy” rating for the company.

T Stamp Trading Up 4.2 %

The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.53 and a current ratio of 1.53. The company has a market cap of $24.27 million and a P/E ratio of -2.17. The stock has a 50-day moving average of $0.66 and a two-hundred day moving average of $1.01.

T Stamp (NASDAQ:IDAIGet Rating) last posted its quarterly earnings data on Thursday, November 10th. The company reported ($0.15) earnings per share for the quarter. T Stamp had a negative net margin of 144.49% and a negative return on equity of 190.52%. The company had revenue of $1.35 million for the quarter.

Institutional Trading of T Stamp

A hedge fund recently bought a new stake in T Stamp stock. Armistice Capital LLC bought a new position in T Stamp Inc. (NASDAQ:IDAIGet Rating) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 975,000 shares of the company’s stock, valued at approximately $963,000. Armistice Capital LLC owned approximately 3.97% of T Stamp at the end of the most recent quarter. 5.47% of the stock is currently owned by institutional investors and hedge funds.

About T Stamp

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T Stamp Inc develops and markets identity authentication software solutions for government, enterprise partners, and peer-to-peer markets in the United States, the United Kingdom, and Malta. The company's artificial intelligence powered solutions include researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks.

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