T Stamp Inc [IDAI] Stock trading around $0.46 per share: What’s Next?

T Stamp Inc [NASDAQ: IDAI] loss -33.83% on the last trading session, reaching $0.46 price per share at the time.

If compared to the average trading volume of 16.02M shares, IDAI reached a trading volume of 12566944 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about T Stamp Inc [IDAI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IDAI shares is $0.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IDAI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for T Stamp Inc is set at 0.10, with the Price to Sales ratio for IDAI stock in the period of the last 12 months amounting to 4.02. The Price to Book ratio for the last quarter was 1.59, with the Price to Cash per share for the same quarter was set at 0.03.

Trading performance analysis for IDAI stock

T Stamp Inc [IDAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 160.17. With this latest performance, IDAI shares gained by 108.97% in over the last four-week period, additionally sinking by -18.20% over the last 6 months – not to mention a drop of -72.33% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IDAI stock in for the last two-week period is set at 58.26, with the RSI for the last a single of trading hit 57.08, and the three-weeks RSI is set at 58.22 for T Stamp Inc [IDAI]. The present Moving Average for the last 50 days of trading for this stock 0.2367, while it was recorded at 0.5063 for the last single week of trading, and 0.5535 for the last 200 days.

T Stamp Inc [IDAI]: A deeper dive into fundamental analysis

T Stamp Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.

An analysis of Institutional ownership at T Stamp Inc [IDAI]

There are presently around $8.48%, or 12.74%% of IDAI stock, in the hands of institutional investors.