Authid Inc. stock rises amid market gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 15 Jan 26
Source: Benzinga
Authid Inc. shares are up 18.39% in pre-market trading, crossing above the 5-day SMA, indicating strong investor interest.
The stock's rise comes amid broader market strength, with the Nasdaq-100 up 0.88% and the S&P 500 up 0.40%. This positive market environment has likely contributed to the upward momentum in Authid's stock price.
Investors are optimistic about the company's future prospects, which may be reflected in the stock's performance as it gains traction in a favorable market.
Analyst Views on AUID
About AUID
authID Inc. is a provider of biometric identity verification and authentication solutions. The Company enables enterprises Know Who’s Behind the Device for every customer or employee login and transaction. Through its integrated, patented, biometric identity platform, the Company verifies a user’s identity, eliminating any assumption of who is behind a device and preventing cybercriminals from taking over accounts. The Company combines digital onboarding, biometric passwordless authentication and account recovery, with a fast, accurate, user-friendly experience delivering identity verification in 700ms. Its cloud-based platform offers services such as Biometric Identity Verification-Proof, Biometric Identity Authentication-Verified, PrivacyKey Privacy Preserving Biometrics, and Account/Access Recovery. Biometric identity verification establishes the trusted identity of users based on a variety of ground truth sources, including government-issued identity documents.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
