Insider Buying: Rank One Computing (NASDAQ:ROC) Director Purchases $17,440.00 in Stock

Rank One Computing Corp. (NASDAQ:ROC) Director Kathleen Louise Kiernan acquired 4,000 shares of the business’s stock in a transaction on Monday, September 14th. The stock was acquired at an average cost of $4.36 per share, for a total transaction of $17,440.00. Following the transaction, the director directly owned 4,000 shares in the company, valued at $17,440. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Rank One Computing Stock Down 6.3%

ROC stock opened at $4.15 on Friday. The firm has a market cap of $79.18 million and a price-to-earnings ratio of -18.86. Rank One Computing Corp. has a twelve month low of $3.71 and a twelve month high of $7.80. The business’s fifty day simple moving average is $4.46 and its two-hundred day simple moving average is $5.28.

Rank One Computing (NASDAQ:ROC) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $5.09 million for the quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ROC. Weiss Ratings raised shares of Rank One Computing from a “sell (e-)” rating to a “sell (e)” rating in a research report on Monday, August 3rd. Benchmark restated a “buy” rating on shares of Rank One Computing in a report on Friday, August 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $9.00.

Rank One Computing Company Profile

Rank One Computing, Inc develops computer-vision and artificial-intelligence software focused on biometric recognition and identity-related applications. Its technology is designed to help organizations analyze images and video, identify individuals or objects, and automate visual data processing.

The company’s offerings include facial-recognition and image-matching tools, as well as software intended for use in security, law enforcement, government, and commercial settings. Rank One Computing emphasizes configurable solutions that can be deployed in cloud, on-premises, or edge-computing environments, depending on customer requirements.

Publicly available information about Rank One Computing’s corporate history, geographic reach, and leadership is limited.