Zacks Investment Research upgraded shares of ImageWare Systems Inc. (OTCMKTS:IWSY) from a sell rating to a hold rating in a report issued on Wednesday morning.

According to Zacks, “ImageWare Systems, Inc. is a software company specializing in digital photography and database management. The company utilizes its imaging technology to develop software used to create booking and investigative software, smart and secure identification documents, and software for professional photographers. “

Shares of ImageWare Systems (OTCMKTS:IWSY) opened at 1.19 on Wednesday. The stock’s market capitalization is $112.51 million. The stock has a 50 day moving average price of $1.32 and a 200 day moving average price of $1.31. ImageWare Systems has a one year low of $0.85 and a one year high of $1.64.

ImageWare Systems (OTCMKTS:IWSY) last posted its quarterly earnings data on Tuesday, August 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.03). ImageWare Systems had a negative return on equity of 316.64% and a negative net margin of 214.17%. Equities analysts forecast that ImageWare Systems will post ($0.10) earnings per share for the current year.

About ImageWare Systems

ImageWare Systems Incorporated (ImageWare) provides biometrically enabled software-based identity management solutions. The Company’s product, IWS Biometric Engine, is a multi-biometric software platform that is hardware and algorithm independent, enabling the enrollment and management of unlimited population sizes.

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