authID Inc. (NASDAQ:AUID – Get Free Report)’s stock price fell 4.3% on Thursday . The stock traded as low as $7.80 and last traded at $7.93. 23,143 shares changed hands during trading, an increase of 6% from the average session volume of 21,845 shares. The stock had previously closed at $8.29.
authID Trading Up 2.1 %
The company has a fifty day moving average price of $9.28 and a two-hundred day moving average price of $8.82.
authID (NASDAQ:AUID – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.34) earnings per share for the quarter. authID had a negative return on equity of 204.12% and a negative net margin of 6,689.18%. The firm had revenue of $0.28 million for the quarter.
Insider Activity at authID
Hedge Funds Weigh In On authID
Several institutional investors have recently bought and sold shares of the business. Wealthspire Advisors LLC raised its position in authID by 126.3% in the 4th quarter. Wealthspire Advisors LLC now owns 29,867 shares of the company’s stock valued at $283,000 after purchasing an additional 16,667 shares during the last quarter. Brighton Jones LLC bought a new stake in shares of authID during the second quarter worth $191,000. Johnson Financial Group Inc. raised its position in shares of authID by 100.0% during the fourth quarter. Johnson Financial Group Inc. now owns 40,610 shares of the company’s stock worth $384,000 after acquiring an additional 20,305 shares during the last quarter. Finally, Leo Wealth LLC raised its position in shares of authID by 32.0% during the first quarter. Leo Wealth LLC now owns 171,885 shares of the company’s stock worth $1,311,000 after acquiring an additional 41,667 shares during the last quarter. Institutional investors own 8.83% of the company’s stock.
About authID
authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.
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