BIO-key International (NASDAQ:BKYI) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

BIO-key International Inc. (NASDAQ:BKYI) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.64 and traded as high as $0.74. BIO-key International shares last traded at $0.6701, with a volume of 250,468 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of BIO-key International to a “sell” rating in a research note on Saturday, January 3rd. Weiss Ratings reissued a “sell (e+)” rating on shares of BIO-key International in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, BIO-key International presently has an average rating of “Sell”.

BIO-key International Trading Down 1.0%

The stock has a market cap of $7.19 million, a P/E ratio of -0.64 and a beta of 0.41. The stock’s 50-day moving average is $0.64 and its two-hundred day moving average is $0.74. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.26 and a quick ratio of 1.13.

BIO-key International (NASDAQ:BKYI) last announced its quarterly earnings results on Friday, November 14th. The technology company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.03). BIO-key International had a negative net margin of 70.23% and a negative return on equity of 73.33%. The company had revenue of $1.55 million during the quarter, compared to the consensus estimate of $1.80 million.

About BIO-key International

BIO-key International, Inc is a developer and provider of fingerprint biometric identity and access management solutions, serving enterprise and government customers. The company’s core offerings include a range of fingerprint readers and authentication software designed to verify user identity across physical and digital environments. By leveraging proprietary template-on-card and template-on-device technologies, BIO-key seeks to enhance security and streamline user access without reliance on traditional passwords.

In addition to hardware sensors, BIO-key delivers software platforms that integrate with existing IT infrastructures such as Microsoft Active Directory and major workforce management systems.