VerifyMe (NASDAQ:VRME – Get Free Report) is projected to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect VerifyMe to post earnings of ($0.04) per share and revenue of $8.21 million for the quarter.
VerifyMe Stock Performance
Shares of VRME stock opened at $0.98 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.16. The firm has a fifty day moving average price of $1.61 and a 200 day moving average price of $1.30. The company has a market cap of $10.68 million, a P/E ratio of -3.16 and a beta of 0.27. VerifyMe has a 12 month low of $0.58 and a 12 month high of $5.00.
Analysts Set New Price Targets
Separately, Barrington Research reiterated an “outperform” rating and set a $1.50 target price on shares of VerifyMe in a research note on Wednesday, November 13th.
About VerifyMe
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.
Further Reading
- Five stocks we like better than VerifyMe
- What is the Nikkei 225 index?
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- Investing In Automotive Stocks
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- Trading Stocks: RSI and Why it’s Useful
- MarketBeat Week in Review – 02/24 – 02/28
Receive News & Ratings for VerifyMe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VerifyMe and related companies with MarketBeat.com's FREE daily email newsletter.