Zacks Investment Research Downgrades ImageWare Systems Inc. (IWSY) to Sell
ImageWare Systems Inc. (OTCMKTS:IWSY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday.
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. “
Separately, ValuEngine raised ImageWare Systems from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd.
ImageWare Systems (OTCMKTS IWSY) opened at 1.11 on Tuesday. The stock’s market cap is $103.39 million. ImageWare Systems has a 12-month low of $0.81 and a 12-month high of $1.43. The company has a 50-day moving average of $1.00 and a 200 day moving average of $1.04.
ImageWare Systems (OTCMKTS:IWSY) last announced its quarterly earnings results on Monday, August 14th. The technology company reported ($0.03) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.03). The business had revenue of $1.06 million during the quarter, compared to analysts’ expectations of $1.10 million. ImageWare Systems had a negative return on equity of 28,438.82% and a negative net margin of 276.79%. Equities analysts anticipate that ImageWare Systems will post ($0.13) earnings per share for the current year.
WARNING: This article was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/09/14/zacks-investment-research-downgrades-imageware-systems-inc-iwsy-to-sell.html.
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.
Receive News & Stock Ratings for ImageWare Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ImageWare Systems Inc. and related stocks with our FREE daily email newsletter.