ImageWare Systems (IWSY) Downgraded to Sell at Zacks Investment Research

Zacks Investment Research cut shares of ImageWare Systems (OTCMKTS:IWSY) from a hold rating to a sell rating in a research note published on Tuesday 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. “

OTCMKTS IWSY opened at $0.90 on Tuesday. The company has a market cap of $87.51 million, a PE ratio of -6.00 and a beta of 1.36. ImageWare Systems has a 52 week low of $0.86 and a 52 week high of $2.24.

ImageWare Systems (OTCMKTS:IWSY) last released its quarterly earnings data on Thursday, August 9th. The technology company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.02). The firm had revenue of $1.89 million during the quarter, compared to analysts’ expectations of $2.23 million. On average, sell-side analysts expect that ImageWare Systems will post -0.07 EPS for the current year.

ImageWare Systems Company Profile

ImageWare Systems, Inc provides biometrically enabled software-based identity management solutions for biometrics, secure credential, law enforcement, and public safety markets worldwide. Its flagship product is the patented IWS Biometric Engine, a multi-biometric software platform that enables the enrollment and management of unlimited population sizes.

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