Intellicheck Inc (NYSEMKT:IDN) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Tuesday.

Other analysts have also issued research reports about the company. Oppenheimer Holdings, Inc. began coverage on Intellicheck in a report on Wednesday, September 20th. They issued an “outperform” rating and a $4.00 price objective for the company. Northland Securities began coverage on Intellicheck in a report on Wednesday, September 6th. They issued an “outperform” rating and a $4.30 price objective for the company. Finally, CIBC began coverage on Intellicheck in a report on Wednesday, September 20th. They issued an “outperform” rating and a $4.00 price objective for the company.

Intellicheck (NYSEMKT:IDN) opened at $2.35 on Tuesday. Intellicheck has a 12-month low of $1.80 and a 12-month high of $4.55.

Intellicheck (NYSEMKT:IDN) last announced its quarterly earnings results on Monday, August 14th. The industrial products company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($0.04). The business had revenue of $0.95 million for the quarter. Intellicheck had a negative return on equity of 37.73% and a negative net margin of 115.48%.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Watch List News and is owned by of Watch List News. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The correct version of this news story can be viewed at https://www.watchlistnews.com/intellicheck-inc-idn-stock-rating-lowered-by-valuengine/1701266.html.

A number of hedge funds have recently modified their holdings of IDN. Vanguard Group Inc. increased its holdings in shares of Intellicheck by 81.1% during the 2nd quarter. Vanguard Group Inc. now owns 99,502 shares of the industrial products company’s stock valued at $386,000 after acquiring an additional 44,560 shares during the last quarter. Clear Harbor Asset Management LLC increased its holdings in shares of Intellicheck by 21.4% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 1,141,162 shares of the industrial products company’s stock valued at $3,287,000 after acquiring an additional 201,250 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its holdings in shares of Intellicheck by 0.8% during the 2nd quarter. First Eagle Investment Management LLC now owns 1,068,386 shares of the industrial products company’s stock valued at $4,145,000 after acquiring an additional 8,750 shares during the last quarter.

Intellicheck Company Profile

Intellicheck, Inc, formerly Intellicheck Mobilisa, Inc, is a technology company. The Company is engaged in developing, integrating and marketing wireless technology and identity systems for various applications, including mobile and handheld access control, and security systems for the government, military and commercial markets.

Receive News & Ratings for Intellicheck Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intellicheck Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.