IDEX Biometrics ASA (NASDAQ:IDBA – Get Rating) announced its earnings results on Wednesday. The company reported ($0.45) EPS for the quarter, meeting the consensus estimate of ($0.45), Yahoo Finance reports. The business had revenue of $1.07 million during the quarter, compared to the consensus estimate of $1.00 million. IDEX Biometrics ASA had a negative return on equity of 142.59% and a negative net margin of 819.01%. During the same period in the prior year, the business posted ($1.50) earnings per share.
IDEX Biometrics ASA Stock Performance
IDBA stock traded up $1.04 during mid-day trading on Friday, hitting $6.48. The stock had a trading volume of 154 shares, compared to its average volume of 3,174. The company has a fifty day moving average of $6.95 and a 200 day moving average of $7.10. IDEX Biometrics ASA has a 1-year low of $4.60 and a 1-year high of $18.70. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.24 and a current ratio of 4.07.
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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.
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