Intellicheck Inc (NASDAQ:IDN) does about 257.46K shares in volume on a normal day but saw 11943012 shares change hands in Monday trading. The company now has a market cap of 75.85M USD. Its current market price is $3.92, marking an increase of 28.10% compared to the previous close of $3.06. The 52 week high reached by this stock is $3.18 whilst the lowest price level in 52 weeks is $1.56.
Intellicheck Inc (IDN) has a 20-day trading average at $1.94 and the current price is 23.27% off the 52-week high compared with 151.28% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.86 and its 200-day simple moving average is $2.13. If we look at the stock’s price movements over the week, volatility stands at 22.24%, which decreases to 9.00% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 91.15 to suggest the stock is overbought.
The consensus objective for the share price is $6.38, suggesting that the stock has a potential upside of 38.56% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 11, 2021 when Craig Hallum downgraded the stock to “Hold” and issued a price target of $8.50. Craig Hallum initiated its price target at $12.
Intellicheck Inc (IDN) stock is up 118.99% over the week and 121.47% over the past month. Its price is 106.32% year-to-date and 56.80% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of $0.04 above consensus estimates by $0.04. Expected sales for next quarter are $5.01 million, which analysts say will come at $21.51 million for the current fiscal year and next year at $25.42 million. In addition, estimates put the company’s current quarterly revenue at an average of $4.36 million.
To reach the target analysts have set, the stock logically needs to grow 38.56 percent from here.
Outstanding shares total 19.35M with insiders holding 7.81% of the shares and institutional holders owning 43.15% of the company’s common stock. The company has a return on investment of -11.60% and return on equity of -11.07%. The forward price to earnings ratio is 43.56. The beta has a value of 1.74. Price to book ratio is 4.39 and price to sales ratio is 4.01.
