Authid Inc Stock Today

AUID Stock  USD 5.99  0.04  0.66%   

Performance

0 of 100

 
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Odds Of Distress

Over 58

 
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Above Average
AuthID is trading at 5.99 as of the 30th of November 2024, a 0.66% down since the beginning of the trading day. The stock's lowest day price was 5.98. AuthID has over 58 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for authID Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
17th of November 2017
Category
Technology
Classification
Information Technology
authID Inc. operates an Identity as a Service platform that delivers a suite of secure, mobile, and biometric identity solutions worldwide. The company was formerly known as Ipsidy Inc. and changed its name to authID Inc. authID Inc. was founded in 2009 and is headquartered in Denver, Colorado. The company has 10.92 M outstanding shares of which 342.83 K shares are presently shorted by private and institutional investors with about 11.0 trading days to cover. More on authID Inc

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AuthID Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorRhoniel Daguro
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.01170.0123
Notably Down
Slightly volatile
Total Current Liabilities1.6 M1.7 M
Notably Down
Very volatile
Non Current Liabilities Total522 K549.4 K
Notably Down
Pretty Stable
Total Assets9.3 M15.4 M
Way Down
Slightly volatile
Total Current Assets11.4 M10.9 M
Sufficiently Up
Slightly volatile
Debt Levels
AuthID can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AuthID's financial leverage. It provides some insight into what part of AuthID's total assets is financed by creditors.
Liquidity
authID Inc currently holds 224.42 K in liabilities with Debt to Equity (D/E) ratio of 1.07, which is about average as compared to similar companies. authID Inc has a current ratio of 3.82, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about AuthID's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(7.97 Million)
authID Inc (AUID) is traded on NASDAQ Exchange in USA. It is located in 1325 South Colorado Boulevard, Denver, CO, United States, 80222 and employs 22 people. AuthID is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 65.85 M. authID Inc conducts business under Software sector and is part of Information Technology industry. The entity has 10.92 M outstanding shares of which 342.83 K shares are presently shorted by private and institutional investors with about 11.0 trading days to cover. authID Inc currently holds about 9.98 M in cash with (8.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Check AuthID Probability Of Bankruptcy
Ownership Allocation
The market capitalization of authID Inc is $65.85 Million. authID Inc shows 18.65 percent of its outstanding shares held by insiders and 10.03 percent owned by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check AuthID Ownership Details

AuthID Stock Institutional Holders

InstituionRecorded OnShares
Blackrock Inc2024-06-30
14.3 K
Rathbone Brothers Plc2024-06-30
13 K
Comerica Bank2024-09-30
10.8 K
Northern Trust Corp2024-09-30
10.4 K
State Street Corp2024-06-30
10.1 K
Ubs Group Ag2024-06-30
6.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
2.4 K
Tower Research Capital Llc2024-06-30
1.4 K
Wells Fargo & Co2024-06-30
600
Vanguard Group Inc2024-09-30
203.3 K
Leo Wealth, Llc.2024-09-30
173.3 K
View AuthID Diagnostics

AuthID Historical Income Statement

The current year's Selling General Administrative is expected to grow to about 9 M, whereas Other Operating Expenses is forecasted to decline to about 10.4 M. View More Fundamentals

AuthID Stock Against Markets

AuthID Corporate Management

Already Invested in authID Inc?

The danger of trading authID Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AuthID is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AuthID. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile authID Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether authID Inc is a strong investment it is important to analyze AuthID's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AuthID's future performance. For an informed investment choice regarding AuthID Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in authID Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AuthID. If investors know AuthID will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AuthID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
0.079
Quarterly Revenue Growth
4.737
Return On Assets
(0.63)
Return On Equity
(1.13)
The market value of authID Inc is measured differently than its book value, which is the value of AuthID that is recorded on the company's balance sheet. Investors also form their own opinion of AuthID's value that differs from its market value or its book value, called intrinsic value, which is AuthID's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AuthID's market value can be influenced by many factors that don't directly affect AuthID's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AuthID's value and its price as these two are different measures arrived at by different means. Investors typically determine if AuthID is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AuthID's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.