An In-Depth Look at T Stamp Inc’s (IDAI) Stock Performance

In the past week, IDAI stock has gone down by -2.92%, with a monthly decline of -11.74% and a quarterly plunge of -44.42%. The volatility ratio for the week is 6.69%, and the volatility levels for the last 30 days are 7.28% for T Stamp Inc The simple moving average for the past 20 days is -1.74% for IDAI’s stock, with a -71.60% simple moving average for the past 200 days.

Is It Worth Investing in T Stamp Inc (NASDAQ: IDAI) Right Now?

The 36-month beta value for IDAI is also noteworthy at -0.74. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for IDAI is 12.90M, and at present, short sellers hold a 0.08% of that float. The average trading volume of IDAI on October 18, 2024 was 1.52M shares.

IDAI) stock’s latest price update

T Stamp Inc (NASDAQ: IDAI) has experienced a rise in its stock price by 6.17 compared to its previous closing price of 0.20. However, the company has seen a fall of -2.92% in its stock price over the last five trading days. proactiveinvestors.com reported 2024-09-09 that T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced that it has been issued a US Patent covering the invention of a Personal Identifiable Information Encoder. Trust Stamp CEO Gareth Genner highlighted data protection and privacy should be “non-negotiable” for any enterprise or government agency storing or processing personal identifiable information (PII).

IDAI Trading at -28.02% 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 -91.61% of loss for the given period.

Volatility was left at 7.28%, however, over the last 30 days, the volatility rate increased by 6.69%, as shares sank -10.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.35% lower at present.

During the last 5 trading sessions, IDAI fell by -2.92%, which changed the moving average for the period of 200-days by -85.63% in comparison to the 20-day moving average, which settled at $0.2135. In addition, T Stamp Inc saw -84.69% 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 -163.15.

Currently, EBITDA for the company is -7.63 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 0.94. 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 summary, T Stamp Inc (IDAI) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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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