VerifyMe Stock Over 11% Down So Far On Wednesday

(VIANEWS) – Shares of VerifyMe (NASDAQ: VRME) dropped by a staggering 11.39% to $1.40 at 14:48 EST on Wednesday, following the last session’s downward trend. NASDAQ is jumping 1.27% to $12,499.90, following the last session’s downward trend. This seems, up until now, an all-around up trend trading session today.

VerifyMe’s last close was $1.57, 44.33% below its 52-week high of $2.82.

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 $-1.71.

Yearly Top and Bottom Value

VerifyMe’s stock is valued at $1.40 at 14:48 EST, way under its 52-week high of $2.82 and way higher than its 52-week low of $1.01.


Today’s last reported volume for VerifyMe is 58281 which is 94.75% above its average volume of 29926.

Moving Average

VerifyMe’s worth is way under its 50-day moving average of $1.75 and under its 200-day moving average of $1.52.

Sales Growth

VerifyMe’s sales growth is 3316.1% for the present quarter and 33.4% for the next.

More news about VerifyMe (VRME).

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