Zacks Investment Research lowered shares of ImageWare Systems Inc. (OTCMKTS:IWSY) from a hold rating to a sell rating in a report published on Thursday 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 1.05 on Thursday. The stock has a 50 day moving average of $1.20 and a 200-day moving average of $1.27. The stock’s market capitalization is $99.27 million. ImageWare Systems has a one year low of $0.85 and a one year high of $1.52.

ImageWare Systems Company Profile

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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