Intellicheck Inc (NASDAQ:IDN) does about 264.90K shares in volume on a normal day but saw 946897 shares change hands in the recent trading day. The company now has a market cap of 112.92M USD. Its current market price is $5.69, marking a decrease of -6.26% compared to the previous close of $6.07. The 52 week high reached by this stock is $6.49 whilst the lowest price level in 52 weeks is $1.92. The script in recent trading has seen the stock touch a high of $6 and a low of $6.
The consensus objective for the share price is $5.38, suggesting that the stock has a potential downside of -5.76% over the period. The median price target is 5.17% away from the current levels at $6.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 09, 2024 when DA Davidson downgraded the stock to “Neutral” and issued a price target of between $5 and $2. Craig Hallum also downgraded the stock to “Hold” from Buy on November 11, 2021 at a price target of $8.50. DA Davidson initiated its price target at $13.
The current price level is 23.08%, 67.41%, and 109.12% away from its SMA20, SMA50, and SMA200 respectively, with the IDN price moving below the 50-day SMA on current market day. Intellicheck Inc (IDN) stock is up 6.55% over the week and 101.06% over the past month. Its price is 103.21% year-to-date and 60.73% over the past year.
Its 12-month price target is $6. To reach the target analysts have set, the stock logically needs to shrink -5.76 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $6, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $6.
Outstanding shares total 19.82M with insiders holding 5.65% of the shares and institutional holders owning 47.53% of the company’s common stock. The company has a return on investment of -4.51% and return on equity of -4.57%. The forward price to earnings ratio is 113.80. The beta has a value of 1.20. Price to book ratio is 6.40 and price to sales ratio is 5.59.
