India, Sept. 29 -- BIO-key International, Inc. (BKYI) is up 97.32 percent, gaining $1.6350 to $3.3150 on Tuesday. The move comes after the company announced a strategic partnership with Dubai-based Al Majlis Group to bring BIO-key's identity and access management platform to government and private-sector organizations across the UAE and Saudi Arabia.
BIO-key International is currently trading at $3.3150, up from the previous close of $1.6800 after opening at $3.3700 on the Nasdaq. The stock has traded between $3.0500 and $4.6600 during the session, with trading volume at 139.86 million shares versus average volume of 98,179 shares.
The partnership will initially target a select group of priority organizations and combine Al Majlis Group's...