BIO-key International logoBIO-key International, Inc. (OTCMKTS:BKYI) insider Fong Wong Kwok purchased 26,300 shares of BIO-key International stock in a transaction on Thursday, August 31st. The shares were acquired at an average price of $3.10 per share, with a total value of $81,530.00. Following the transaction, the insider now directly owns 1,345,737 shares in the company, valued at approximately $4,171,784.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of BIO-key International, Inc. (OTCMKTS:BKYI) opened at 2.66 on Friday. The stock’s 50 day moving average price is $3.30 and its 200-day moving average price is $2.90. The firm’s market capitalization is $17.28 million. BIO-key International, Inc. has a 12 month low of $0.13 and a 12 month high of $3.67.
BIO-key International (OTCMKTS:BKYI) last posted its quarterly earnings results on Monday, August 14th. The technology company reported ($0.32) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.10). BIO-key International had a negative return on equity of 58.24% and a negative net margin of 201.76%. The company had revenue of $0.89 million during the quarter. On average, equities research analysts predict that BIO-key International, Inc. will post ($0.75) EPS for the current fiscal year.
Separately, Maxim Group assumed coverage on BIO-key International in a research report on Thursday, July 13th. They set a “buy” rating and a $5.50 target price on the stock.
BIO-key International Company Profile
BIO-key International, Inc develops and markets fingerprint biometric identification and identity verification technologies, cryptographic authentication-transaction security technologies, as well as related identity management and credentialing software solutions. The Company is also engaged in developing automated, finger identification technology that supplements or compliments other methods of identification and verification, such as personal inspection identification, passwords, tokens, smart cards, identity cards, public key infrastructure (PKI), credit card, passports, driver’s licenses, one-time password (OTP) or other form of possession or knowledge-based credentialing.
