BIO-key International (NASDAQ:BKYI) Upgraded at Zacks Research

BIO-key International (NASDAQ:BKYI) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of BIO-key International in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

BIO-key International Stock Up 1.3%

NASDAQ:BKYI opened at $4.03 on Thursday. BIO-key International has a twelve month low of $3.10 and a twelve month high of $19.70. The company has a fifty day moving average of $4.40 and a 200-day moving average of $5.31. The firm has a market capitalization of $4.39 million, a P/E ratio of -0.73 and a beta of 0.44.

Institutional Investors Weigh In On BIO-key International

An institutional investor recently raised its stake in BIO-key International stock. Geode Capital Management LLC grew its position in shares of BIO-key International Inc. (NASDAQ:BKYI) by 49.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,892 shares of the technology company’s stock after acquiring an additional 16,271 shares during the quarter. Geode Capital Management LLC owned about 0.45% of BIO-key International worth $26,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 26.51% of the company’s stock.

BIO-key International Company Profile

BIO-key International, Inc is a developer and provider of fingerprint biometric identity and access management solutions, serving enterprise and government customers. The company’s core offerings include a range of fingerprint readers and authentication software designed to verify user identity across physical and digital environments. By leveraging proprietary template-on-card and template-on-device technologies, BIO-key seeks to enhance security and streamline user access without reliance on traditional passwords.

In addition to hardware sensors, BIO-key delivers software platforms that integrate with existing IT infrastructures such as Microsoft Active Directory and major workforce management systems.