Can T Stamp Inc (NASDAQ: IDAI) Shares Make A Higher Price Run?

In the last trading session, 26.46 million shares of the T Stamp Inc (NASDAQ:IDAI) were traded, and its beta was 0.29. Most recently the company’s share price was $1.20, and it changed around $0.49 or 69.01% from the last close, which brings the market valuation of the company to $44.09M. IDAI currently trades at a discount to its 52-week high of $2.50, offering almost -108.33% off that amount. The share price’s 52-week low was $0.15, which indicates that the current value has risen by an impressive 87.5% since then. We note from T Stamp Inc’s average daily trading volume that its 10-day average is 7.19 million shares, with the 3-month average coming to 18.52 million.

T Stamp Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended IDAI as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

T Stamp Inc (NASDAQ:IDAI) trade information

Instantly IDAI has showed a green trend with a performance of 69.01% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.2500 on recent trading dayincreased the stock’s daily price by 4.0%. The company’s shares are currently down -12.41% year-to-date, but still up 249.45% over the last five days. On the other hand, T Stamp Inc (NASDAQ:IDAI) is 42.86% up in the 30-day period. We can see from the shorts that 32364.0 shares have been sold at a short interest cover period of 0.11 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -51.27%.

IDAI Dividends

T Stamp Inc’s next quarterly earnings report is expected to be released in January.

T Stamp Inc (NASDAQ:IDAI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 33.45% of T Stamp Inc shares, and 8.48% of them are in the hands of institutional investors. The stock currently has a share float of 12.74%.