Zacks Investment Research Upgrades ImageWare Systems Inc. (IWSY) to Hold

Zacks Investment Research upgraded shares of ImageWare Systems Inc. (OTCMKTS:IWSY) from a sell rating to a hold rating in a research report sent to investors 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. “

ImageWare Systems (OTCMKTS:IWSY) opened at 1.38 on Tuesday. The firm’s market capitalization is $130.47 million. ImageWare Systems has a 1-year low of $0.85 and a 1-year high of $2.04. The company has a 50 day moving average of $1.32 and a 200 day moving average of $1.32.

ImageWare Systems (OTCMKTS:IWSY) last announced its quarterly earnings results on Tuesday, August 9th. The company reported ($0.03) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.03). ImageWare Systems had a negative net margin of 214.17% and a negative return on equity of 316.64%. Analysts forecast that ImageWare Systems will post ($0.10) EPS for the current year.

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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