T Stamp Inc (IDAI)’s latest performance is not what we had anticipated

T Stamp Inc (NASDAQ: IDAI) kicked off on Tuesday, down -19.76% from the previous trading day, before settling in for the closing price of $0.32. Over the past 52 weeks, IDAI has traded in a range of $0.29-$2.50.

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Annual sales at Technology sector company grew by 49.64% over the past five years. While this was happening, its average annual earnings per share was recorded 62.62%. With a float of $14.41 million, this company’s outstanding shares have now reached $16.78 million.

Let’s look at the performance matrix of the company that is accounted for 88 employees. In terms of profitability, gross margin is 66.18%, operating margin of -178.21%, and the pretax margin is -174.13%.

T Stamp Inc (IDAI) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of T Stamp Inc is 14.10%, while institutional ownership is 2.41%.

T Stamp Inc (IDAI) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.32 earnings per share (EPS), lower than consensus estimate (set at -0.31) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 62.62% per share during the next fiscal year.

T Stamp Inc (NASDAQ: IDAI) Trading Performance Indicators

Take a look at T Stamp Inc’s (IDAI) current performance indicators. Last quarter, stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.80, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.38 in one year’s time.

Technical Analysis of T Stamp Inc (IDAI)

T Stamp Inc (NASDAQ: IDAI) saw its 5-day average volume 0.46 million, a negative change from its year-to-date volume of 0.82 million. As of the previous 9 days, the stock’s Stochastic %D was 11.03%. Additionally, its Average True Range was 0.06.

During the past 100 days, T Stamp Inc’s (IDAI) raw stochastic average was set at 0.25%, which indicates a significant decrease from 0.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 125.10% in the past 14 days, which was higher than the 87.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.4229, while its 200-day Moving Average is $0.9327. Nevertheless, the first resistance level for the watch stands at $0.3001 in the near term. At $0.3415, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3633. If the price goes on to break the first support level at $0.2369, it is likely to go to the next support level at $0.2151. Assuming the price breaks the second support level, the third support level stands at $0.1737.

T Stamp Inc (NASDAQ: IDAI) Key Stats

The company with the Market Capitalisation of 4.34 million has total of 10,600K Shares Outstanding. Its annual sales at the moment are 4,560 K in contrast with the sum of -7,640 K annual income. Company’s last quarter sales were recorded 500 K and last quarter income was -2,600 K.