VerifyMe, Inc. (NASDAQ:VRME – Get Free Report) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totalling 14,400 shares, a decline of 45.9% from the June 30th total of 26,600 shares. Based on an average daily trading volume, of 36,700 shares, the days-to-cover ratio is presently 0.4 days.
VerifyMe Trading Up 3.4 %
Shares of VRME traded up $0.04 during mid-day trading on Friday, hitting $1.21. The company had a trading volume of 5,963 shares, compared to its average volume of 9,713. The business’s 50-day simple moving average is $1.45 and its 200-day simple moving average is $1.39. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.87 and a quick ratio of 1.86. VerifyMe has a 1-year low of $0.85 and a 1-year high of $2.45.
VerifyMe (NASDAQ:VRME – Get Free Report) last released its earnings results on Tuesday, May 14th. The company reported ($0.05) earnings per share (EPS) 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 analysts’ expectations of $5.92 million. VerifyMe had a negative net margin of 9.30% and a negative return on equity of 16.79%. During the same period last year, the company earned ($0.11) earnings per share. On average, research analysts predict that VerifyMe will post -0.25 earnings per share for the current year.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on VRME
VerifyMe Company Profile
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.
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