VerifyMe (NASDAQ:VRME) Announces Earnings Results

VerifyMe (NASDAQ:VRMEGet Free Report) released its quarterly earnings data on Thursday. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01, Zacks reports. VerifyMe had a negative net margin of 13.15% and a negative return on equity of 11.15%.

VerifyMe Price Performance

Shares of NASDAQ:VRME traded down $0.17 on Thursday, hitting $0.79. The company had a trading volume of 3,173,557 shares, compared to its average volume of 7,281,707. The company has a market cap of $8.58 million, a PE ratio of -2.55 and a beta of 0.34. The business has a 50 day moving average of $1.63 and a 200 day moving average of $1.29. VerifyMe has a 52-week low of $0.58 and a 52-week high of $5.00. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.16.

Analyst Ratings Changes

Separately, Barrington Research reaffirmed an “outperform” rating and set a $1.50 price objective on shares of VerifyMe in a report on Wednesday, November 13th.

Check Out Our Latest Stock Analysis on VerifyMe

VerifyMe Company Profile

(Get Free Report)

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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Earnings History for VerifyMe (NASDAQ:VRME)

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