The stock of Intellicheck Mobilisa, Inc. (NYSEMKT:IDN) hit a new 52-week high and has $7.15 target or 176.00% above today’s $2.59 share price. The 6 months bullish chart indicates low risk for the $27.15M company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $7.15 price target is reached, the company will be worth $47.78 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 74,491 shares traded hands. Intellicheck Mobilisa, Inc. (NYSEMKT:IDN) has risen 32.98% since April 19, 2016 and is uptrending. It has outperformed by 29.12% the S&P500.
According to Zacks Investment Research, “Intellicheck Mobilisa is a leading technology company, developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial markets. Products include the Defense ID system, an advanced ID card access control product currently protecting over 70 military and federal locations. ID-Check is a technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from approximately 60 U.S. and Canadian jurisdictions to determine if the content and format are valid. The company’s products are used to address government and commercial fraud, focusing on age verification, secure access control and software tools, driver’s license readers, and ID validation markets. Intelli-Check Mobilisa sells its products through its direct sales force and marketing partners. The company is headquartered in Port Townsend, Washington.”
More important recent Intellicheck Mobilisa, Inc. (NYSEMKT:IDN) news were published by: Businesswire.com which released: “Intellicheck Announces the Release of Retail ID Mobile” on May 11, 2016, also Businesswire.com published article titled: “Intellicheck Mobilisa Sues Honeywell for Infringement of Multiple Patents”, Businesswire.com published: “Intellicheck Mobilisa CEO Dr. Nelson Ludlow and Senior Vice President Bonnie …” on September 22, 2014. More interesting news about Intellicheck Mobilisa, Inc. (NYSEMKT:IDN) was released by: Streetinsider.com and their article: “Intellicheck Mobilisa (IDN) Prices 1.2M Common Stock Offering at $1.75/Share” with publication date: June 15, 2016.
IDN Company Profile
Intellicheck Mobilisa, Inc., incorporated on August 17, 1999, is a technology company. The Firm is engaged in developing, integrating and marketing wireless technology and identity systems for various applications, including mobile and handheld access control, and security systems for the government, military and commercial markets. The Company’s primary businesses include Identity Systems products, which include commercial applications of identity card reading and verification, and government sales of defense security and identity card applications, and the development of wireless security applications. The Company’s products include the Defense ID and Fugitive Finder systems, advanced ID card access control products protecting military and federal locations, and ID-Check, a technology that reads, analyzes and verifies encoded data in magnetic stripes and barcodes on government-issue identifications (IDs) from the United States and Canadian jurisdictions designed to cater the financial, hospitality and retail sectors. It is also engaged in the engineering, design and installation of wireless communications systems.
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