The stock price of authID Inc (NASDAQ: AUID) has dropped by -25.15 compared to previous close of 6.48. Despite this, the company has seen a fall of -25.38% in its stock price over the last five trading days. globenewswire.com reported 2025-03-31 that DENVER, March 31, 2025 (GLOBE NEWSWIRE) — authID Inc. (NASDAQ: AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell approximately 1,811,111 shares of its common stock (the “Shares”) and/or Pre-Funded Warrants (the “Pre-Funded Warrants”), pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share or Pre-Funded Warrant will be $4.50, (each Pre-Funded Warrant will be exercisable into one share of common stock). The aggregate gross proceeds from the Offering are expected to be approximately $8,150,000 million before deducting placement agent fees and other offering expenses.
Is It Worth Investing in authID Inc (NASDAQ: AUID) Right Now?
Additionally, the 36-month beta value for AUID is 2.21.
The public float for AUID is 9.18M and currently, short sellers hold a 3.46% ratio of that float. The average trading volume of AUID on April 01, 2025 was 56.38K shares.
AUID’s Market Performance
The stock of authID Inc (AUID) has seen a -25.38% decrease in the past week, with a -2.61% drop in the past month, and a -23.02% fall in the past quarter. The volatility ratio for the week is 15.09%, and the volatility levels for the past 30 days are at 18.67% for AUID. The simple moving average for the past 20 days is -11.23% for AUID’s stock, with a -32.88% simple moving average for the past 200 days.
AUID Trading at -17.93% from the 50-Day Moving Average
After a stumble in the market that brought AUID to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.60% of loss for the given period.
Volatility was left at 18.67%, however, over the last 30 days, the volatility rate increased by 15.09%, as shares surge +10.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.49% lower at present.
During the last 5 trading sessions, AUID fell by -25.38%, which changed the moving average for the period of 200-days by -39.98% in comparison to the 20-day moving average, which settled at $5.46. In addition, authID Inc saw -19.44% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AUID starting from Szoke Thomas Robert, who sale 1,000 shares at the price of $6.34 back on Dec 11 ’24. After this action, Szoke Thomas Robert now owns 15,518 shares of authID Inc, valued at $6,340 using the latest closing price.
Szoke Thomas Robert, the Chief Technology Officer of authID Inc, sale 1,000 shares at $6.30 during a trade that took place back on Dec 10 ’24, which means that Szoke Thomas Robert is holding 16,518 shares at $6,300 based on the most recent closing price.
Stock Fundamentals for AUID
Current profitability levels for the company are sitting at:
- -16.56 for the present operating margin
- 0.9 for the gross margin
The net margin for authID Inc stands at -16.11. The total capital return value is set at -1.28. Equity return is now at value -115.55, with -95.56 for asset returns.
Based on authID Inc (AUID), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -48.25. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -300.11.
Currently, EBITDA for the company is -14.05 million with net debt to EBITDA at 0.59. When we switch over and look at the enterprise to sales, we see a ratio of 50.46. The receivables turnover for the company is 1.69for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.41.
Conclusion
In conclusion, authID Inc (AUID) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
