Bio-Key International Inc (BKYI) is 30.99% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Friday, with Bio-Key International Inc (NASDAQ: BKYI) stock price up 4.17% from the previous day of trading, before settling in for the closing price of $1.44. BKYI’s price has ranged from $0.52 to $3.22 over the past 52 weeks.

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Annual sales at Industrials sector company grew by 38.28% over the past five years. Meanwhile, its annual earnings per share averaged 83.76%. With a float of $2.33 million, this company’s outstanding shares have now reached $3.11 million.

Let’s look at the performance matrix of the company that is accounted for 44 employees. In terms of profitability, gross margin is 14.78%, operating margin of -144.97%, and the pretax margin is -146.52%.

Bio-Key International Inc (BKYI) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Security & Protection Services Industry. The insider ownership of Bio-Key International Inc is 25.60%, while institutional ownership is 8.85%.

Bio-Key International Inc (BKYI) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 83.76% per share during the next fiscal year.

Bio-Key International Inc (NASDAQ: BKYI) Trading Performance Indicators

Here are Bio-Key International Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.69, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach -1.56 in one year’s time.

Technical Analysis of Bio-Key International Inc (BKYI)

Bio-Key International Inc (NASDAQ: BKYI) saw its 5-day average volume 1.26 million, a positive change from its year-to-date volume of 1.13 million. As of the previous 9 days, the stock’s Stochastic %D was 23.28%. Additionally, its Average True Range was 0.30.

During the past 100 days, Bio-Key International Inc’s (BKYI) raw stochastic average was set at 36.33%, which indicates a significant increase from 35.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 320.56% in the past 14 days, which was higher than the 217.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1451, while its 200-day Moving Average is $1.3937. Nevertheless, the first resistance level for the watch stands at $1.8000 in the near term. At $2.1000, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.2600. If the price goes on to break the first support level at $1.3400, it is likely to go to the next support level at $1.1800. The third support level lies at $0.8800 if the price breaches the second support level.

Bio-Key International Inc (NASDAQ: BKYI) Key Stats

With a market capitalization of 4.69 million, the company has a total of 3,127K Shares Outstanding. Currently, annual sales are 7,750 K while annual income is -8,520 K. The company’s previous quarter sales were 2,140 K while its latest quarter income was -740 K.