T Stamp Inc (NASDAQ:IDAI) traded at $0.42 at close of the session on Tuesday, December 17 and made an upward move of 8.95% on its previous day’s price.
Looking at the stock we see that its previous close was $0.38 and the beta (5Y monthly) reads -0.743 with the day’s price range being $0.38 – $0.437. In terms of its 52-week price range, IDAI has a high of $2.50 and a low of $0.15. The company’s stock has gained about 121.52% over that past 30 days.
T Stamp Inc has a market cap of $10.57 million and is expected to release its quarterly earnings report in January.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 510k, with a low of 510k and a high of 510k. The median projection represents growth adding up to -11.31% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 2.1M, or -54.06% down from figures reported last year.
On the other hand, looking at the outlook for the IDAI stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is -2.97% off its SMA20 and 41.46% from its 50-day simple moving average. The RSI (14) is pointing at 51.63 while the volatility over the past week is 17.41% and jumps to 29.58% over the past one month. The beta value is 0.32, while the average true range (ATR) is currently pointing at 0.11.
Coming back to T Stamp Inc (NASDAQ:IDAI), we note that the average 3-month trading volume was 17.21 million, while that of the preceding 10-day period stands at 6.7 million. Current shares outstanding are 18.82 million.
The insiders hold 31.89% of the company’s shares while institutions hold 4.74%. The data shows that short shares as of 2024-10-31, stood at 32364.0 at a short ratio of 0.11. This represents a 22.00 short interest in shares outstanding on 2024-10-31. Shares short rose in October from the previous month at 10502.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -69.42% down in year-to-date price movement.
