Less Than Four Hours Before The Market Open, VerifyMe Is Up By 5%

(VIANEWS) – The NASDAQ opens in less than four hours and VerifyMe‘s pre-market value is already 5.59% up.

VerifyMe’s last close was $1.61, 53.25% under its 52-week high of $3.44.

The last session, NASDAQ ended with VerifyMe (VRME) sliding 5.85% to $1.61. NASDAQ slid 1.98% to $11,799.16, after two sequential sessions in a row of losses, on what was an all-around down trend exchanging session.

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. The VerifyMe Solutions segment offers technology solutions to connect brands with consumers allowing brand owners to gather business intelligence while engaging directly with their consumers. Its solutions provide brand protection and supply chain functions, such as counterfeit prevention, traceability, consumer engagement solutions, and authentication for labels, packaging, and products, as well as tamper-proof labels. The PeriShip Global Solutions segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment's products include PeriTrack customer dashboard, an integrated web portal tool gives its customers an in-depth look at their shipping activities based on real-time data. It also provides call center, pre-transit, post-delivery, and weather/traffic services. The company has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Lake Mary, Florida.

Earnings Per Share

As for profitability, VerifyMe has a trailing twelve months EPS of $-1.7.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -82.86%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3705.1%, now sitting on 19.58M for the twelve trailing months.

Moving Average

VerifyMe’s value is under its 50-day moving average of $1.77 and above its 200-day moving average of $1.53.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 52.6% and 95.4%, respectively.

More news about VerifyMe (VRME).

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