T Stamp Inc. (NASDAQ:IDAI) does about 13.05K shares in volume on a normal day but saw 19995928 shares change hands in Monday trading. The company now has a market cap of 23.38M USD. Its current market price is $0.96, marking an increase of 47.92% compared to the previous close of $0.65. The 52 week high reached by this stock is $8.05 whilst the lowest price level in 52 weeks is $0.40. The script in recent trading has seen the stock touch a high of $1.74 and a low of $0.67.
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T Stamp Inc. (IDAI) has a 20-day trading average at $0.5831 and the current price is -88.07% off the 52-week high compared with 140.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6735 and its 200-day simple moving average is $1.3431. If we look at the stock’s price movements over the week, volatility stands at 50.70%, which decreases to 24.92% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.99 to suggest the stock is overbought.
1 analysts observing the T Stamp Inc. (IDAI) stock have set the 12-month price targets for the company’s shares at between $2.50 and $2.50. The consensus objective for the share price is $2.50, suggesting that the stock has a potential upside of 61.6% over the period. The median price target is 61.6% away from the current levels at $2.50.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The current price level is 71.72%, 43.40%, and -28.85% away from its SMA20, SMA50, and SMA200 respectively, with the IDAI price moving below the 50-day SMA on January 23. T Stamp Inc. (IDAI) stock is up 39.11% over the week and 95.80% over the past month. Its price is 99.54% year-to-date and -80.80% over the past year.
Its 12-month price target is $2.50. To reach the target analysts have set, the stock logically needs to grow 61.6 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 $2.50, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $2.50.
Outstanding shares total 23.47M with insiders holding 37.42% of the shares and institutional holders owning 0.28% of the company’s common stock. The company has a return on investment of -153.30% and return on equity of -196.50%. Price to book ratio is 6.40 and price to sales ratio is 3.34.
