(VIANEWS) – Shares of Identiv (NASDAQ: INVE) rose by a staggering 30.32% in 21 sessions from $5.54 at 2023-04-27, to $7.22 at 11:52 EST on Friday, following the last session’s downward trend. NASDAQ is rising 1.65% to $12,908.04, following the last session’s upward trend.

Identiv’s last close was $7.24, 57.36% under its 52-week high of $16.98.

About Identiv

Identiv, Inc. operates as a security technology company that secures things, data, and physical places in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security. The Premises segment provides solutions for premises security market, such as access control, video surveillance, analytics, audio, access readers, and identities to government facilities, schools, utilities, hospitals, stores, and apartment buildings. The company sells its products through dealers, systems integrators, value added resellers, and resellers. The company was formerly known as Identive Group, Inc. and changed its name to Identiv, Inc. in May 2014. Identiv, Inc. was founded in 1990 and is headquartered in Fremont, California.

Earnings Per Share

As for profitability, Identiv has a trailing twelve months EPS of $-0.14.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -2.87%.

Moving Average

Identiv’s value is way higher than its 50-day moving average of $6.16 and way under its 200-day moving average of $9.52.

More news about Identiv (INVE).