WallStreetZenWallStreetZen

How to Buy Bio Key International Stock

Bio Key International Inc

BIO-key International, Inc. develops and markets fingerprint identification biometric technology and software solutions, and enterprise-ready identity access management solutions for commercial, government, and education customers in the United States and internationally.

Bio Key International stock last closed at $2.10, up 0% from the previous day, and has decreased 85.04% in one year. It has underperformed other stocks in the Security & Protection Services industry by 1.15 percentage points. Bio Key International stock is currently +21.04% from its 52-week low of $1.74, and -86.27% from its 52-week high of $15.30.

There are currently 762,870 shares of BKYI outstanding. The market cap of BKYI is $1.60M. In the past 24 hours, 9457 BKYI shares were traded.

How to Buy Bio Key International Stock

Wondering how to invest in Bio Key International stock? Here's how.
  1. Decide where to buy Bio Key International stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Bio Key International stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your payment method and add your info.
  4. Research Bio Key International stock: The Bio Key International ticker symbol is BKYI. Is Bio Key International stock a good investment? Should you buy shares of BKYI? How do BKYI's underlying business fundamentals look? Do top analysts think Bio Key International is a good buy? Why has BKYI's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if BKYI is a good stock to buy).
  5. Make your BKYI purchase: Decide if you will purchase BKYI shares at the current market price or use a limit order to buy BKYI stock at a given price.
  6. Keep tabs on your BKYI investment: Create a watchlist to get live updates on your position in Bio Key International shares.

Step 1: Decide where to buy Bio Key International stock

You will need an online brokerage account in order to access the NASDAQ market and buy BKYI shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

In our opinion, eToro is the best online stock brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of stock by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal information so you are able to buy BKYI today.

How to Start a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to open a new trading account.
  1. Send your application by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you have created your account on the best stock market app for beginners, you need to deposit funds:

Check out the video below for more details depositing money into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Bio Key International stock

Once you have decided on the best place to buy Bio Key International stock, it's important to analyze their stock prior to investing, so you can understand the risk as well as the upside.

Bio Key International stock quick numbers

BKYI Price
$2.10
1w %
11.7%
1y %
-85.04%
5y %
-98.93%
P/E
-0.11x
P/B
0.48x
P/S
0.12x
PEG
N/A
Revenue
$8.59M
Earnings
-$8.91M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.60M
Next Earnings
Mar 29, 2024
Next Dividend
N/A

Bio Key International Overview

WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on BKYI's stock page.

Is BKYI stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge BKYI's fair value.

Using relative valuations measures:

  • BKYI could be undervalued based on its P/B ratio of 0.48x, relative to Security & Protection Services industry P/B ratio of 3.11x

You can access more valuation research on BKYI's stock here.

BKYI Financial Health Overview

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the BKYI balance sheet.
  • There are more short-term assets than long-term liabilities on the BKYI balance sheet.

Negative Financial Indicators:

  • Total BKYI debt is higher than 5 years ago, relative to shareholder equity.
  • BKYI has a relatively high debt to equity ratio of 1.94.
  • BKYI profit margin has gone up by 0.12 percentage points in the past year, but the company is still unprofitable.
  • BKYI has cash burn of 4213527. It does not have enough cash and short-term investments to cover this.
  • BKYI has $307.09k in cash and short term investments. This is not enough to cover its annual cash burn of $4.21M.

Metrics for Advanced BKYI Traders

SMA10
2
SMA20
2.01
SMA50
1.96
SMA100
2.45
SMA200
6.42
MACD
0.01
MACD Signal
-0.01
MACD Histogram
0.02
RSI
54.8
Stochastic %K
42.33
Stochastic %D
38.98
StochRSI %K
59.04
StochRSI %D
52.83

How is BKYI performing as a company?

Last year, BKYI revenue was $8.59M. In the past five year, BKYI's revenue has increased by 9.79% per year. This was faster than the Security & Protection Services industry average of 7.19%.

Find out more about BKYI's earnings and revenue performance here.

Latest Insiders Trades at BKYI

Over the past year, insiders at BKYI have bought more shares than they have sold.

Michael W. Depasquale, Chief Executive Officer of BKYI, was the latest BKYI insider to buy. They bought $354.45 worth of BKYI stock on Dec 29, 2023.

Get more info about who owns BKYI shares here.

Can I get consistent income from BKYI stock?

No, Bio Key International doesn't provide an income stream by paying out dividends.

What do other traders have to say about BKYI?

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your BKYI purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price, use a limit order.

Click the Open button and your broker will execute the order.

If you need more help investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Keep tabs on your BKYI investment

Now that you own some shares in BKYI, you'll want to keep up with your shares.

Start a watchlist to track the most important metrics related to your BKYI stock.

BKYI Feed

How to Buy Stock in Bio Key International

To summarize, here are the 6 steps for buying Bio Key International stock:

  1. Decide where to buy Bio Key International stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Research Bio Key International stock
  5. Make your BKYI purchase
  6. Keep tabs on your BKYI investment

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your new investment in Bio Key International, get started below.

NASDAQ: BKYI
$2.10+0.00 (+0%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: BKYI
$2.10+0.00 (+0%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Bio Key International share?

As of Mar 28, 2024, it costs $2.10 to buy one share of Bio Key International stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.476 shares of BKYI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Bio Key International stock?

One way to place an order for Bio Key International stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.