BIO-key International Inc. (NASDAQ:BKYI) went down by -6.97% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Security & Protection Services giant went up by $0.77 to trade ended Thursday trading at $0.83. This is down from the $0.8282 price recorded on Wednesday’s trading session. Thanks to this latest performance, BKYI is closer to the higher price 52-week target of $2.00 and further from the lowest price target of $2.00. Its performance from the start of the year has also been positive, with BKYI up by 54.10% year-to-date.
BIO-key International Inc. (BKYI) started the day trading at $0.8 and recorded an intraday high of $0.975. It also recorded an intraday low of $0.7 during Thursday’s trading session. BIO-key International Inc. is a very active stock that recorded a trading volume that is more than 59.57% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 2869455, which is more than 59.57 of the total average daily trading volume of 1.16 million.
BIO-key International Inc. (NASDAQ:BKYI) 2020 Performance Impressive
The increase in BKYI’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of BKYI currently stands at $2.58, which is higher than the current trading price of the stock by 70.16%. However, BKYI’s current trading price is -120.0% lower than the 52-week low price of $0.35. In terms of trading volume, BIO-key International Inc. currently experienced healthy participation during the last trading session. 2869455 shares of BIO-key International Inc. were traded on the stock exchange on Thursday, which is more than 59.57% of the 1.16 million average trading volume of the stock.
The performance of the stock has been positive over the past year. BKYI’s performance over the past one year has seen it plunge by -39.33%, while the stock has gone up by 52.35% in the last six months. The quarterly performance of BKYI currently stands at 6.00%, and it is down by -0.34% in the last month. The only negative figure was from the weekly performance, which currently reads -0.35%. At the time of writing BKYI’s report, the company has a total market cap of $17.89M, making it one of the largest publicly-traded companies in the world.BIO-key International Inc. also has over 15 employees all over the world.
BKYI Insider Activities
For BIO-key International Inc., insiders hold 0.50% of all company shares. The insider transactions over the past six months are up by 0.20%. During that period, insiders bought 27,140 shares in 20 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at BIO-key International Inc. now hold 12.56M shares, which is over 0.77% of the total company stocks. Institutional investors currently hold a large chunk of the BKYI shares, as they control 58.16% of the company’s total stock.
BKYI Fundamental Analysis
For BIO-key International Inc., the stock’s diluted earnings per share (EPS) stands at -1.12. In the coming year, analysts expect the EPS to be -0.03. The stock’s EPS growth this year is -40.10%, -21.80% in the previous five years. In terms of revenue, BIO-key International Inc.’s quarterly sales (YOY) is shrinking at -0.03, which is higher than the average annual revenue of -21.80% over the past half a decade.
The gross margin of the company is 11.50%.
BKYI Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BKYI currently stands at -7.36%, while the SMA50 is -9.16%. The biggest one is the SMA200, which is currently reading 12.84% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 43.29.