On Tuesday, VerifyMe Inc (NASDAQ: VRME) opened lower -8.33% from the last session, before settling in for the closing price of $1.68. Price fluctuations for VRME have ranged from $0.58 to $5.00 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 595.03%. Company’s average yearly earnings per share was noted 22.00% at the time writing. With a float of $8.11 million, this company’s outstanding shares have now reached $10.44 million.
Considering the fact that the conglomerate employs 50 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.78%, operating margin of -6.86%, and the pretax margin is -13.15%.
VerifyMe Inc (VRME) Insider Activity
A key investor’s attitude towards the stock of the Security & Protection Services industry is another important factor to consider. The insider ownership of VerifyMe Inc is 22.72%, while institutional ownership is 10.48%. The most recent insider transaction that took place on Dec 30 ’24, was worth 15,620. In this transaction CEO and President of this company bought 22,000 shares at a rate of $0.71, taking the stock ownership to the 267,004 shares. Before that another transaction happened on Dec 17 ’24, when Company’s CEO and President bought 10,000 for $0.59, making the entire transaction worth $5,900. This insider now owns 245,004 shares in total.
VerifyMe Inc (VRME) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.06% during the next five years compared to 25.98% growth over the previous five years of trading.
VerifyMe Inc (NASDAQ: VRME) Trading Performance Indicators
Check out the current performance indicators for VerifyMe Inc (VRME). In the past quarter, the stock posted a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64. Likewise, its price to free cash flow for the trailing twelve months is 14.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of VerifyMe Inc (VRME)
Compared to the last year’s volume of 17.31 million, its volume of 3.26 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 1.70%. Additionally, its Average True Range was 0.70.
During the past 100 days, VerifyMe Inc’s (VRME) raw stochastic average was set at 21.75%, which indicates a significant increase from 2.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 369.08% in the past 14 days, which was higher than the 198.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3280, while its 200-day Moving Average is $1.3850. Nevertheless, the first resistance level for the watch stands at $1.6667 in the near term. At $1.7933, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8667. If the price goes on to break the first support level at $1.4667, it is likely to go to the next support level at $1.3933. Should the price break the second support level, the third support level stands at $1.2667.
VerifyMe Inc (NASDAQ: VRME) Key Stats
There are currently 10,500K shares outstanding in the company with a market cap of 16.17 million. Presently, the company’s annual sales total 25,310 K according to its annual income of -3,390 K. Last quarter, the company’s sales amounted to 5,440 K and its income totaled -2,420 K.
