VerifyMe Inc (NASDAQ:VRME) currently has a daily average trading volume of 6.49M but it saw 1338875 shares traded in last market. With a market cap of 14.81M USD, the company’s current market price of $1.41 came falling about -8.44 while comparing to the previous closing price of $1.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.00 and as low as $0.58. In the recent trading on the day, stock has struck highest price mark of $1.36 while lowest mark touched by it was $1.56.
Taking a look at 20-day trading activity of VerifyMe Inc (VRME) gives us an average price of $2.2875, while its current price level is -71.80% below from 52-week high level whereas it is 143.78% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.3370 while that of 200 days or SMA-200 reads an average of $1.3842. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.96% during that period while stretching the period over a month that increases to 40.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.92 which implies that the stock is in neutral territory.
Over the week, VRME’s stock price is moving -41.25% down while it is 78.71% when we observe its performance for the past one month. Year-to-date it is 3.68% up and over the past year, the stock is showing an upside performance of 29.36%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.04 while estimate for next year EPS is -0.19. In next quarter, company is expected to be making quarterly sales of $5.79M as analysts are expecting the sales for current fiscal year at $24.74M and seeing the company making $25.97M in sales next year. Moreover, analysts are in estimates of $8.21M for current-quarter revenue.
Currently, VerifyMe Inc’s total number of outstanding shares is 10.44M with 20.15% of that held by the insiders while 10.34% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -27.53% and return on equity (ROE) at -29.95%. Stock’s beta reads 0.55. Stock has a price to book (P/B) ratio of 1.43 while price to sale or P/S ratio amounts to 0.59. Its return on asset (ROA) is -19.75% on average.
