VerifyMe (NASDAQ:VRME – Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, March 20th. Analysts expect VerifyMe to post earnings of ($0.04) per share and revenue of $8.21 million for the quarter.
VerifyMe Stock Up 4.1 %
Shares of VRME stock opened at $0.77 on Thursday. VerifyMe has a 12 month low of $0.58 and a 12 month high of $5.00. The firm has a market cap of $8.39 million, a PE ratio of -2.48 and a beta of 0.34. The stock has a 50 day moving average of $1.60 and a 200-day moving average of $1.27. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.16.
Wall Street Analyst Weigh In
Separately, Barrington Research cut their price target on VerifyMe from $1.50 to $1.25 and set an “outperform” rating for the company in a report on Friday, March 7th.
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.
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