Should You Invest in T Stamp Inc (IDAI) Now?

The 36-month beta value for IDAI is at -0.71. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for IDAI is 9.66M, and currently, shorts hold a 1.65% of that float. The average trading volume for IDAI on August 15, 2024 was 1.65M shares.

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IDAI) stock’s latest price update

T Stamp Inc (NASDAQ: IDAI) has seen a rise in its stock price by 3.92 in relation to its previous close of 0.42. However, the company has experienced a -8.81% decline in its stock price over the last five trading sessions. proactiveinvestors.com reported 2024-08-13 that T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, reported higher revenue for the six-month period ending June 30, 2024, as it saw a 100% year-over-year increase in enrolled customers. The company had 62 financial institutions enrolled on their SaaS Orchestration Layer compared to 31 financial institutions as of June 30, 2023.

IDAI’s Market Performance

T Stamp Inc (IDAI) has experienced a -8.81% fall in stock performance for the past week, with a -6.08% drop in the past month, and a -35.29% drop in the past quarter. The volatility ratio for the week is 18.61%, and the volatility levels for the past 30 days are at 20.15% for IDAI. The simple moving average for the past 20 days is 6.25% for IDAI’s stock, with a -55.78% simple moving average for the past 200 days.

IDAI Trading at -4.61% from the 50-Day Moving Average

After a stumble in the market that brought IDAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.43% of loss for the given period.

Volatility was left at 20.15%, however, over the last 30 days, the volatility rate increased by 18.61%, as shares surge +3.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.85% lower at present.

During the last 5 trading sessions, IDAI fell by -10.01%, which changed the moving average for the period of 200-days by -67.35% in comparison to the 20-day moving average, which settled at $0.4148. In addition, T Stamp Inc saw -67.88% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for IDAI

Current profitability levels for the company are sitting at:

  • -1.78 for the present operating margin
  • 0.66 for the gross margin

The net margin for T Stamp Inc stands at -1.74. The total capital return value is set at -3.84. Equity return is now at value -402.97, with -113.19 for asset returns.

Based on T Stamp Inc (IDAI), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at -7.36. The debt to equity ratio resting at 1.44. The interest coverage ratio of the stock is -467.93.

Currently, EBITDA for the company is -7.1 million with net debt to EBITDA at -0.06. When we switch over and look at the enterprise to sales, we see a ratio of 1.13. The receivables turnover for the company is 4.87for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.64.

Conclusion

In conclusion, T Stamp Inc (IDAI) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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