IDEX BIOMETRICS Stock Bearish Momentum With A 21% Fall In The Last 10 Sessions

(VIANEWS) – Shares of IDEX BIOMETRICS (Oslo Børs All-share Index_GI: IDEX.OL) slid by a staggering 21.26% in 10 sessions from kr0.89 to kr0.70 at 16:40 EST on Wednesday, following the last session’s downward trend. Oslo Børs All-share Index_GI is sliding 0.26% to kr1,413.35, after five consecutive sessions in a row of losses.

IDEX BIOMETRICS’s last close was kr0.73, 67.15% under its 52-week high of kr2.22.

About IDEX BIOMETRICS

IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. The company's fingerprint authentication solutions are used primarily in contactless financial payment, access control, and smart cards, as well as card-based devices for the storage of digital currencies. It primarily serves manufacturers of smart cards for financial payment applications and biometric payment card markets. IDEX Biometrics ASA was incorporated in 1996 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, IDEX BIOMETRICS has a trailing twelve months EPS of kr-0.351.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -219.07%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, IDEX BIOMETRICS’s stock is considered to be overbought (>=80).

Yearly Top and Bottom Value

IDEX BIOMETRICS’s stock is valued at kr0.70 at 16:40 EST, way below its 52-week high of kr2.22 and higher than its 52-week low of kr0.66.

Volume

Today’s last reported volume for IDEX BIOMETRICS is 6498746 which is 28.52% below its average volume of 6809220.

Moving Average

IDEX BIOMETRICS’s value is way below its 50-day moving average of kr0.98 and way under its 200-day moving average of kr1.01.

More news about IDEX BIOMETRICS (IDEX.OL).

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