T Stamp Inc. (NASDAQ:IDAI) saw an upside of 47.92% to close Monday at $0.96 after adding $0.31 on the day. The 5-day average trading volume is 4,019,120 shares of the company’s common stock. It has gained $1.7400 in the past week and touched a new high 3 times within the past 5 days. An average of 1,015,985 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 415,394.
IDAI’s 1-month performance is 95.80% or $0.5600 on its low of $0.4000 reached on 12/27/22. The company’s shares have touched a 52-week low of $0.40 and high of $8.05, with the stock’s rally to the 52-week high happening on 01/23/23. YTD, IDAI has achieved 99.54% or $0.4789 and has reached a new high 7 times. However, the current price is down -88.07% from the 52-week high price.
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Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.34 while the price-to-book (PB) in the most recent quarter is 6.40.
T Stamp Inc.’s quick ratio for the recent period was 1.50, with the current ratio over the same period at 1.50. In terms of profitability, the gross margin trailing 12 months is 73.20%. The firm’s gross profit as reported stood at $2.53 million against revenue of $3.68 million.
Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 11.63% to -$3.44 million, while revenue of -$2.92 million was 15.12% off the previous quarter. EBITDA for the quarter stood at more than -$3.24 million. IDAI stock balance sheet for the recent quarter shows that total liabilities totaled 4.33 million, with total debt at $1.04 million. Shareholders hold equity totaling $24.26 million.
Let’s look briefly at T Stamp Inc. (IDAI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 77.76% to suggest the stock is trending Overbought, with historical volatility in this time period at 217.27%.
The stock’s 5-day moving average is $0.7526, reflecting a +39.11% or $0.2699 change from its current price. IDAI is currently trading +100.00% above its 20-day SMA, -28.36% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +26.38% and SMA200 by-56.36%.
Stochastic %K and %D was 46.06% and 57.61% and the average true range (ATR) pointed at 0.2230. The RSI (14) points at 70.99%, while the 14-day stochastic is at 40.46% with the period’s ATR at 0.1772. The stock’s 9-day MACD Oscillator is pointing at 0.0541 and 0.1195 on the 14-day charts.
Analysts offering their rating for IDAI stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate IDAI as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is IDAI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.50 and a high of $2.50, with their median price target at $2.50. Looking at these predictions, the average price target given by analysts is for T Stamp Inc. (IDAI) stock is $2.50.