Bio-Key International Inc. (NASDAQ: BKYI) is -76.33% lower on its value in year-to-date trading and has touched a low of $0.82 and a high of $10.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BKYI stock was last observed hovering at around $0.87 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $0.71, the stock is -43.47% and -46.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.6 million and changing -18.30% at the moment leaves the stock -60.16% off its SMA200. BKYI registered -91.95% loss for a year compared to 6-month loss of -62.23%. The firm has a 50-day simple moving average (SMA 50) of $1.3124 and a 200-day simple moving average (SMA200) of $1.77075.
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The stock witnessed a -40.83% gain in the last 1 month and extending the period to 3 months gives it a -58.01%, and is -31.40% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.36% over the week and 23.50% over the month.
Bio-Key International Inc. (BKYI) has around 44 employees, a market worth around $1.41M and $6.06M in sales. Profit margin for the company is -148.20%. Distance from 52-week low is -13.20% and -93.12% from its 52-week high.
The EPS is expected to grow by 80.52% this year
12.0 institutions hold shares in Bio-Key International Inc. (BKYI), with institutional investors hold 5.92% of the company’s shares. The shares outstanding are 1.98M, and float is at 1.78M with Short Float at 15.71%. Institutions hold 5.59% of the Float.
Bio-Key International Inc. (BKYI) Insider Activity
The most recent transaction is an insider purchase by DEPASQUALE MICHAEL W, the company’s Chief Executive Officer. SEC filings show that DEPASQUALE MICHAEL W bought 20,000 shares of the company’s common stock on Dec 01 ’23 at a price of $0.18 per share for a total of $3600.0. Following the purchase, the insider now owns 0.31 million shares.
Bio-Key International Inc. disclosed in a document filed with the SEC on Nov 30 ’23 that Sullivan James David (Chief Legal Officer) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Nov 30 ’23 and was made at $0.17 per share for $3300.0. Following the transaction, the insider now directly holds 0.39 million shares of the BKYI stock.
Still, SEC filings show that on Nov 24 ’23, Sullivan James David (Chief Legal Officer) acquired 29,668 shares at an average price of $0.16 for $4862.0. The insider now directly holds 358,168 shares of Bio-Key International Inc. (BKYI).
