Closing Bell Recap: Bio-Key International Inc. (BKYI) Ends at 0.71, Reflecting a -18.30 Downturn

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Bio-Key International Inc. (NASDAQ: BKYI) closed the day trading at $0.71 down -18.30% from the previous closing price of $0.87. In other words, the price has decreased by -$18.30 from its previous closing price. On the day, 0.6 million shares were traded. BKYI stock price reached its highest trading level at $0.8429 during the session, while it also had its lowest trading level at $0.651.

Ratios:

For a better understanding of BKYI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.54.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 01 ’23 when DEPASQUALE MICHAEL W bought 20,000 shares for $0.18 per share. The transaction valued at 3,600 led to the insider holds 306,827 shares of the business.

Sullivan James David bought 20,000 shares of BKYI for $3,300 on Nov 30 ’23. The Chief Legal Officer now owns 388,171 shares after completing the transaction at $0.17 per share. On Nov 24 ’23, another insider, Sullivan James David, who serves as the Chief Legal Officer of the company, bought 29,668 shares for $0.16 each. As a result, the insider paid 4,862 and bolstered with 358,168 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BKYI now has a Market Capitalization of 2139059 and an Enterprise Value of 2416930. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 0.347 whereas that against EBITDA is -0.377.

Stock Price History:

The Beta on a monthly basis for BKYI is 0.31, which has changed by -0.92265797 over the last 52 weeks, in comparison to a change of 0.32295227 over the same period for the S&P500. Over the past 52 weeks, BKYI has reached a high of $10.31, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -46.67%, while the 200-Day Moving Average is calculated to be -60.16%.

Shares Statistics:

Over the past 3-months, BKYI traded about 2.92M shares per day on average, while over the past 10 days, BKYI traded about 345730 shares per day. A total of 1.98M shares are outstanding, with a floating share count of 1.78M. Insiders hold about 9.95% of the company’s shares, while institutions hold 7.18% stake in the company. Shares short for BKYI as of 1726185600 were 279588 with a Short Ratio of 0.10, compared to 1723680000 on 9765. Therefore, it implies a Short% of Shares Outstanding of 279588 and a Short% of Float of 9.54.

Earnings Estimates

At present, 1.0 analysts are actively evaluating the performance of Bio-Key International Inc. (BKYI) in the stock market.The consensus estimate for the next quarter is -$0.46, with high estimates of -$0.46 and low estimates of -$0.46.

Analysts are recommending an EPS of between -$2.23 and -$2.23 for the fiscal current year, implying an average EPS of -$2.23. EPS for the following year is -$1.47, with 1.0 analysts recommending between -$1.47 and -$1.47.

Revenue Estimates

1 analysts predict $1.6M in revenue for the current quarter. It ranges from a high estimate of $1.6M to a low estimate of $1.6M. As of the current estimate, Bio-Key International Inc.’s year-ago sales were $1.83MFor the next quarter, 1 analysts are estimating revenue of $1.9M. There is a high estimate of $1.9M for the next quarter, whereas the lowest estimate is $1.9M.

Based on 1 analysts’ estimates, the company’s revenue will be $8.5M in the next fiscal year. The high estimate is $8.5M and the low estimate is $8.5M.

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