Bio-key International Stock Fair Value – BIO-key International Announces 1-for-18 Reverse Stock Split to Regain Nasdaq Compliance

🌥️Trending News

BIO-KEY ($NASDAQ:BKYI): BIO-key International, a biometric technology company, recently announced a 1-for-18 reverse stock split in order to regain compliance with Nasdaq’s capital and surplus requirements. The company also offers enterprise level authentication solutions as well as consumer-oriented mobile authentication services. This move is intended to allow the company to regain compliance with Nasdaq’s capital and surplus requirements, which requires a minimum bid price of $1 and a minimum of $2 million in total assets.

The reverse stock split is also expected to increase the marketability of BIO-key’s stock, making it more attractive to investors. The reverse stock split is subject to approval from BIO-key’s stockholders at an upcoming annual meeting.

Market Price

BIO-key International, a biometric identity and access management solutions provider, announced that it will undertake a 1-for-18 reverse stock split of its common stock in order to regain compliance with the Nasdaq listing criteria. On Tuesday, the stock opened at $0.2 and closed at $0.2, down 8.6% from its last closing price of 0.2. All fractional shares of common stock resulting from the reverse stock split will be rounded up to the nearest whole share. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Bio-key International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Bio-key International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Bio-key International. More…

Key Ratios Snapshot

Some of the financial key ratios for Bio-key International are shown below. More…

Analysis – Bio-key International Stock Fair Value

At GoodWhale, we have conducted a thorough analysis of BIO-KEY INTERNATIONAL‘s wellbeing, and have arrived at an intrinsic value of around $1.8 for their shares, calculated using our proprietary Valuation Line. This implies that BIO-KEY INTERNATIONAL’s stock is currently trading at $0.2, representing a 89.1% discount compared to its intrinsic value. Given the discrepancy between the current stock price and its intrinsic value, we believe that BIO-KEY INTERNATIONAL’s stock presents an attractive investment opportunity for those looking to enter the market. Furthermore, we suggest that investors keep an eye on the company’s progress and potentially consider adding BIO-KEY INTERNATIONAL’s stock to their portfolio. More…

Peers

They are a prominent player in the biometric authentication and cybersecurity space, competing against other companies such as C-Link Squared Ltd, Liberty Defense Holdings Ltd, and First Responder Technologies Inc. All of these companies are focused on developing solutions that improve security and safety in the digital world.

– C-Link Squared Ltd ($SEHK:01463)

C-Link Squared Ltd is a technology company that specializes in the development and implementation of secure communications, networking and analytics solutions. It operates in a wide range of industries, including government, healthcare, law enforcement, finance, and more. The company has a market cap of 4.2 billion as of 2023 and a Return on Equity (ROE) of 2.3%. This indicates that its profitability is strong and that it is well positioned to continue to grow and expand its operations. Through its strong performance, C-Link Squared Ltd has been able to generate consistent returns to its shareholders.

– Liberty Defense Holdings Ltd ($TSXV:SCAN)

Liberty Defense Holdings Ltd is an advanced security technology company that specializes in the development of integrated, multi-layered 3D radar and artificial intelligence solutions for public safety and security. The company’s products use radar imaging and advanced algorithms to detect hidden weapons, explosives, and other threats in both indoor and outdoor settings. Liberty Defense Holdings Ltd has a market cap of 19.7M as of 2023. Its Return on Equity (ROE) is -233.9%, indicating that the company’s profits are not keeping up with its investments. This suggests that Liberty Defense Holdings Ltd may be struggling to generate adequate returns on its investments and that further investments may be necessary in order to improve its financial health.

– First Responder Technologies Inc ($OTCPK:WPNNF)

First Responder Technologies Inc is a company that provides software-as-a-service solutions to first responders and public safety agencies. The company’s market cap of 3.19M as of 2023 reflects its current size and financial stability. With a Return on Equity of 17.14%, First Responder Technologies Inc is an attractive investment for investors seeking long-term returns with a relatively low level of risk. The company’s products are designed to help first responders and public safety agencies increase efficiency, reduce costs, and improve their overall response time. In addition, First Responder Technologies Inc is committed to providing innovative services and solutions that can help first responders save lives and protect their communities.

Summary

BIO-KEY International, Inc. recently announced a 1-for-18 reverse stock split in order to regain compliance with Nasdaq listing rules and regulations. As a result of this move, the company’s stock price decreased significantly the same day. Investors should consider this when making investment decisions, as the split may have a negative effect on the stock price in the short term.

However, it could also be seen as a positive step for the company in the long term, as it regains compliance with the Nasdaq and potentially improves its long-term outlook. Therefore, investors should look at the big picture and assess BIO-KEY’s overall fundamentals before making any investment decisions.