T Stamp (NASDAQ:IDAI) Stock Price Breaks Below 200 Day Moving Average – Should You Sell?

Shares of T Stamp Inc. (NASDAQ:IDAI) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $2.70 and traded as low as $2.38. T Stamp shares last traded at $2.38, with a volume of 73,567 shares traded.

T Stamp Price Performance

The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 1.28. The stock has a 50-day moving average price of $3.02 and a 200 day moving average price of $2.70. The stock has a market capitalization of $13.52 million, a price-to-earnings ratio of -1.18 and a beta of 0.71.

T Stamp (NASDAQ:IDAI) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.14). The business had revenue of $0.90 million during the quarter, compared to analyst estimates of $0.90 million. T Stamp had a negative return on equity of 137.70% and a negative net margin of 272.78%. As a group, equities research analysts expect that T Stamp Inc. will post -1.39 earnings per share for the current year.

Insider Buying and Selling

In other T Stamp news, CEO Gareth Genner acquired 9,394 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were bought at an average cost of $3.04 per share, with a total value of $28,557.76. Following the completion of the acquisition, the chief executive officer owned 150,075 shares in the company, valued at approximately $456,228. This trade represents a 6.68% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders purchased 20,927 shares of company stock valued at $60,325 over the last quarter. 4.48% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in T Stamp stock. Dimensional Fund Advisors LP bought a new stake in shares of T Stamp Inc. (NASDAQ:IDAI) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 18,300 shares of the company’s stock, valued at approximately $44,000. Dimensional Fund Advisors LP owned approximately 0.35% of T Stamp at the end of the most recent reporting period. Institutional investors own 16.34% of the company’s stock.

T Stamp Company Profile

T Stamp Inc, doing business as Trust Stamp, is an artificial intelligence and identity services company that develops privacy-focused technologies for identity verification, authentication and fraud prevention. Its platform is designed to help organizations establish trust in digital interactions while limiting the exposure of sensitive personal information.

The company provides biometric identity solutions, including facial recognition, identity matching, document verification and liveness detection.