authID (NASDAQ:AUID) Trading Down 3.4% – Should You Sell?

authID Inc. (NASDAQ:AUIDGet Free Report)’s stock price dropped 3.4% on Monday . The stock traded as low as $6.03 and last traded at $6.30. Approximately 40,622 shares changed hands during trading, an increase of 72% from the average daily volume of 23,609 shares. The stock had previously closed at $6.52.

authID Stock Down 3.4 %

The company has a 50-day simple moving average of $6.79 and a 200 day simple moving average of $7.99.

Institutional Trading of authID

A hedge fund recently bought a new stake in authID stock. Brighton Jones LLC bought a new stake in authID Inc. (NASDAQ:AUIDFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 18,392 shares of the company’s stock, valued at approximately $191,000. Brighton Jones LLC owned 0.19% of authID as of its most recent filing with the Securities and Exchange Commission (SEC). 8.83% of the stock is owned by institutional investors and hedge funds.

About authID

(Get Free Report)

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.

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