IDEX Biometrics ASA (NASDAQ:IDBA) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 400 shares, a growth of 300.0% from the August 15th total of 100 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 1.3 days.
Shares of NASDAQ:IDBA opened at $21.94 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 7.27 and a quick ratio of 6.96. The stock has a market capitalization of $268.61 million and a price-to-earnings ratio of -9.75. The stock’s 50-day simple moving average is $20.10. IDEX Biometrics ASA has a 1 year low of $16.14 and a 1 year high of $32.82.
IDEX Biometrics ASA (NASDAQ:IDBA) last released its earnings results on Thursday, August 12th. The company reported ($0.75) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.53) by ($0.22). IDEX Biometrics ASA had a negative return on equity of 145.69% and a negative net margin of 1,329.21%. The firm had revenue of $0.70 million for the quarter, compared to analysts’ expectations of $0.75 million. As a group, equities analysts forecast that IDEX Biometrics ASA will post -2.33 earnings per share for the current fiscal year.
IDEX Biometrics ASA Company Profile
IDEX Biometrics ASA engages in the design, development, and sale of fingerprint identification and authentication solutions in Europe, the Middle East, Africa, the Americas, and Asia. The company offers IDEX Biometrics for the biometrics smart card market, including biometric fingerprint sensors for use in dual interface, contactless only, and contact only smart cards; biometric fingerprint modules for contact based smart cards; and on-card enrollment solutions for remote in-person enrollment.
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