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Precise Biometrics AB ( (SE:PREC) ) just unveiled an announcement.
Precise Biometrics has partnered with Avigilon, a Motorola Security Solutions company, to integrate its biometric access solution, Precise Access, into Avigilon’s security suite. This collaboration enhances secure physical access by combining Precise’s biometric authentication with Avigilon’s security ecosystem, offering a streamlined solution with two-factor authentication for enhanced security and user convenience. The partnership is expected to expand the reach of Precise’s technology through Avigilon’s extensive partner network, marking a significant milestone in the adoption of biometric security solutions.
The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.
More about Precise Biometrics AB
Precise Biometrics AB is a global leader in biometrics and cybersecurity, offering a suite of biometric recognition solutions including fingerprint, face, and palm recognition algorithms. The company provides turnkey solutions for visitor management and biometric physical access management. Precise operates through two business units, Digital Identity and Biometric Technologies, and has a presence in Sweden, the USA, South Korea, Taiwan, and China. It is publicly listed on Nasdaq Stockholm.
YTD Price Performance: -44.07%
Average Trading Volume: 132,940
Technical Sentiment Signal: Sell
Current Market Cap: SEK213.6M
Learn more about PREC stock on TipRanks’ Stock Analysis page.