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NASDAQ:VRME

VerifyMe (VRME) Stock Price, News & Analysis

$1.21
+0.04 (+3.42%)
(As of 07/26/2024 ET)
Today's Range
$1.17
$1.25
50-Day Range
$1.17
$2.04
52-Week Range
$0.85
$2.45
Volume
5,963 shs
Average Volume
33,269 shs
Market Capitalization
$12.31 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.85

VerifyMe MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
135.5% Upside
$2.85 Price Target
Short Interest
Healthy
0.14% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.44mentions of VerifyMe in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.25) to ($0.26) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.26 out of 5 stars

Business Services Sector

133rd out of 317 stocks

Computer Integrated Systems Design Industry

15th out of 36 stocks

VRME stock logo

About VerifyMe Stock (NASDAQ:VRME)

VerifyMe, Inc., together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions. The VerifyMe Solutions segment offers technology solutions to connect brands with consumers allowing brand owners to gather business intelligence while engaging directly with their consumers. Its solutions provide brand protection and supply chain functions, such as counterfeit prevention, traceability, consumer engagement solutions, and authentication for labels, packaging, and products, as well as tamper-proof labels. The PeriShip Global Solutions segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment's products include PeriTrack customer dashboard, an integrated web portal tool gives its customers an in-depth look at their shipping activities based on real-time data. It also provides call center, pre-transit, post-delivery, and weather/traffic services. The company has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Lake Mary, Florida.

VRME Stock Price History

VRME Stock News Headlines

3 Overlooked Tech Stocks Aiming for a 10X Surge
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
VerifyMe Provides 2024 Outlook Update
3 Penny Stocks That Could Mint New Millionaires
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
7/26/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Computer Software
Current Symbol
NASDAQ:VRME
Fax
N/A
Employees
8
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.85
High Stock Price Target
$4.00
Low Stock Price Target
$1.70
Potential Upside/Downside
+135.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-3,390,000.00
Pretax Margin
-9.30%

Debt

Sales & Book Value

Annual Sales
$25.41 million
Book Value
$1.25 per share

Miscellaneous

Free Float
7,724,000
Market Cap
$12.31 million
Optionable
Not Optionable
Beta
0.63
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VRME Stock Analysis - Frequently Asked Questions

How have VRME shares performed this year?

VerifyMe's stock was trading at $1.12 at the start of the year. Since then, VRME shares have increased by 8.0% and is now trading at $1.21.
View the best growth stocks for 2024 here
.

How were VerifyMe's earnings last quarter?

VerifyMe, Inc. (NASDAQ:VRME) released its quarterly earnings results on Tuesday, May, 14th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.01. The business had revenue of $5.76 million for the quarter, compared to the consensus estimate of $5.92 million. VerifyMe had a negative net margin of 9.30% and a negative trailing twelve-month return on equity of 16.79%.

How do I buy shares of VerifyMe?

Shares of VRME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VRME) was last updated on 7/26/2024 by MarketBeat.com Staff

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