Today, we feature Intellicheck Mobilisa Inc (NYSE: IDN), a semi-conductor devices company, as the top momentum gainer since it gained more than 15% during the last two consecutive trading days with far more shares changing hands than in a normal session. Yesterday, IDN was the top gainer in the U.S. technology sector having gained 33.5% breaking the 50 & 200 DMA’s (Daily Moving Average) at $0.54 & $0.53 respectively. The stock closed at $0.68 while recording huge volumes of over 5.19 million shares. During the past 5 trading sessions, IDN rallied 53.1% with daily average traded volumes of 1.5 million shares. A strong momentum is witnessed in the stock since it has surged over 50% in the past one month with daily average volume of 714,811 shares. Recently, IDN obtained a U.S. patent for a technology that reads the information encoded on an ID card, identifies a range of possible individuals whose name and description either exactly or closely match with the card, and displays one or more of the identified individuals to a system user based on environmental conditions. This is company’s 18th U.S. or foreign patent to issue.
Company Description:
Intellicheck Mobilisa Inc (NYSE: IDN) develops and markets wireless technology and identity systems. The company markets identification card access control products for United States military and federal locations, and products that read, analyze and verify the validity of the content and format of data encoded in magnetic stripes and bar codes on government-issue identification cards.
1-Year Stock Chart:
