ImageWare Systems Inc. (OTCMKTS:IWSY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Wednesday.

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 upgraded ImageWare Systems from a “sell” rating to a “hold” rating in a research report on Saturday, September 30th.

Shares of ImageWare Systems (OTCMKTS IWSY) opened at 1.39 on Wednesday. ImageWare Systems has a 52 week low of $0.81 and a 52 week high of $1.55. The company’s 50 day moving average price is $1.23 and its 200-day moving average price is $1.08. The company’s market capitalization is $129.47 million.

ImageWare Systems (OTCMKTS:IWSY) last posted its quarterly earnings results on Monday, August 14th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). The company had revenue of $1.06 million during the quarter, compared to analysts’ expectations of $1.10 million. Analysts anticipate that ImageWare Systems will post ($0.13) earnings per share for the current fiscal year.

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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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