VerifyMe Stock Impressive Rise On Tuesday, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with VerifyMe jumping 23.93% to $1.45 on Tuesday, following the last session’s downward trend. NASDAQ rose 1.54% to $16,265.64, after two successive sessions in a row of losses, on what was an all-around positive trend trading session today.

VerifyMe’s last close was $1.17, 48.46% under its 52-week high of $2.27.

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 $-0.29.

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 -26.16%.

Sales Growth

VerifyMe’s sales growth is negative 7.8% for the present quarter and 1% for the next.

Volume

Today’s last reported volume for VerifyMe is 150416 which is 272.39% above its average volume of 40391.

More news about VerifyMe (VRME).

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