Bio-Key International Inc [NASDAQ: BKYI] traded at a low on Wednesday, posting a -14.79 loss after which it closed the day’ session at $1.44.
The results of the trading session contributed to over 334847 shares changing hands. Over the past one week, the price volatility of Bio-Key International Inc stands at 23.98% while the volatility over the past one month is 19.38%.
The market cap for BKYI stock reached $4.50 million, with 3.11 million shares outstanding and 2.33 million shares in the current float. Compared to the average trading volume of 2.27M shares, BKYI reached a trading volume of 334847 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Bio-Key International Inc [BKYI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BKYI shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BKYI 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.
Maxim Group have made an estimate for Bio-Key International Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 26, 2021.
The Average True Range (ATR) for Bio-Key International Inc is set at 0.29, with the Price to Sales ratio for BKYI stock in the period of the last 12 months amounting to 0.70. The Price to Book ratio for the last quarter was 33.65, with the Price to Cash per share for the same quarter was set at 0.58.
How has BKYI stock performed recently?
Bio-Key International Inc [BKYI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.79. With this latest performance, BKYI shares gained by 29.73% in over the last four-week period, additionally sinking by -13.25% over the last 6 months – not to mention a drop of -36.28% 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 BKYI stock in for the last two-week period is set at 53.35, with the RSI for the last a single of trading hit 51.69, and the three-weeks RSI is set at 53.87 for Bio-Key International Inc [BKYI]. The present Moving Average for the last 50 days of trading for this stock 1.1289, while it was recorded at 1.5460 for the last single week of trading, and 1.3964 for the last 200 days.
Bio-Key International Inc [BKYI]: Deeper insight into the fundamentals
Bio-Key International Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.71 and a Current Ratio set at 0.78.
Insider trade positions for Bio-Key International Inc [BKYI]
There are presently around $9.26%, or 9.81%% of BKYI stock, in the hands of institutional investors.
