Penny Stocks To Buy [or sell] #1: BIO-key
Finally, BIO-key (BKYI – Free Report) has jumped on Wednesday after the company was featured in a report titled, “Global Biometrics Technology Market Trends, Applications, Analysis, Growth, And Forecast: 2018 To 2027.” In it, BIO-key is listed among several companies “poised to win in 2020.”
“Some of the players from the profiled in the report NEC Corporation, Precise Biometrics AB, Fujitsu Limited, 3M Cogent, Hitachi Ltd, Siemens AG, Nuance Communications, FaceFirst, Suprema Inc, BIO-Key International.”
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The company was selected by Florida’s Orange County Supervisor of Elections to add biometric security to protect access to public records in December. The biggest question here is will BKYI be able to sustain this move? It’s been a frequent occurrence in the market that BIO-key sporadically jumps without much of a consistent move to follow. It could be something to keep in mind heading into the remainder of the week.