Bio-Key International Inc (NASDAQ: BKYI): Is It A Gold Mine Or A Disaster In The Making?

In the last trading session, 1.2 million shares of the Bio-Key International Inc (NASDAQ:BKYI) were traded, and its beta was -0.00. Most recently the company’s share price was $1.73, and it changed around -$0.38 or -18.01% from the last close, which brings the market valuation of the company to $5.41M. BKYI currently trades at a discount to its 52-week high of $3.68, offering almost -112.72% off that amount. The share price’s 52-week low was $0.52, which indicates that the current value has risen by an impressive 69.94% since then. We note from Bio-Key International Inc’s average daily trading volume that its 10-day average is 21.1 million shares, with the 3-month average coming to 5.65 million.

Bio-Key International 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 BKYI as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Bio-Key International Inc is expected to report earnings per share of -0.35 for the current quarter.

Bio-Key International Inc (NASDAQ:BKYI) trade information

Instantly BKYI has showed a red trend with a performance of -18.01% 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 3.6800 on recent trading dayincreased the stock’s daily price by 52.99%. The company’s shares are currently up 1.17% year-to-date, but still up 15.33% over the last five days. On the other hand, Bio-Key International Inc (NASDAQ:BKYI) is 85.03% up in the 30-day period. We can see from the shorts that 0.87 million shares have been sold at a short interest cover period of 0.16 day(s).

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 2.29M in revenue for the current quarter. 1 analysts expect Bio-Key International Inc to make 2.5M in revenue for the current ending quarter.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 32.10%.

BKYI Dividends

Bio-Key International Inc’s next quarterly earnings report is expected to be released in February.

Bio-Key International Inc (NASDAQ:BKYI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 5.57% of Bio-Key International Inc shares, and 9.26% of them are in the hands of institutional investors. The stock currently has a share float of 9.81%.

Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 8.55 shares worth $14794.0, making up 0.27% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 6.65 shares worth around $11509.0, which represents about 0.21% of the total shares outstanding.