(VIANEWS) – Shares of VerifyMe (NASDAQ: VRME) dropped 9.42% to $1.25 at 14:30 EST on Friday, following the last session’s upward trend. NASDAQ is dropping 2.22% to $10,820.96, after three successive sessions in a row of losses. This seems, so far, an all-around bearish trend trading session today.

VerifyMe’s last close was $1.36, 68.17% below its 52-week high of $4.28.

About VerifyMe

VerifyMe, Inc., is a provider of technology solutions that connects brands and consumers in the United States. VerifyMe engage services are offered by the company. This allows the brand owner the opportunity to collect business intelligence and interact with consumers using an authentication test. VerifyMe Engage services are also offered by the company. These include VerifyInk (a patent invisible ink); VerifyAuthenticator technology which is a mobile device with the VerifyMe App to decode and authenticate VerifyInk codes. VerifyLabel and VerifyChecker both handheld devices that can authenticate VerifyInk’s unique frequency. VerifyMe Track & Trace is a cloud-based tracking and authentication system that ties to VerifyCode. It also offers VerifyMe online, which includes technology and services to help customers combat counterfeit domains, e-commerce platforms and social media websites that promote or sell counterfeit products. INX International Ink Company has formed a strategic partnership between VerifyMe, Inc. and VerifyMe, Inc. The company used to be known as LaserLock Technologies, Inc., but changed its name in July 2015 to VerifyMe, Inc. VerifyMe, Inc. is an American company that was founded in 1999. Its headquarters are in Rochester, New York.


Today’s last reported volume for VerifyMe is 13985 which is 94.22% below its average volume of 242353.

VerifyMe’s Sales

VerifyMe’s sales growth is 2900% for the current quarter and 1666.7% for the next. The company’s growth estimates for the ongoing quarter and the next is a negative 183.3% and a negative 108.4%, respectively.

VerifyMe’s Revenue

Year-on-year quarterly revenue growth declined by 14.4%, now sitting on 840k for the twelve trailing months.


VerifyMe’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.59%, a negative 0.21%, and a positive 4.45%, respectively.

VerifyMe’s highest amplitude of average volatility was 5.87% (last week), 5.27% (last month), and 4.45% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

VerifyMe’s stock is considered to be overbought (>=80).

VerifyMe’s Stock Yearly Top and Bottom Value

VerifyMe’s stock is valued at $1.25 at 14:30 EST, way below its 52-week high of $4.28 and higher than its 52-week low of $1.17.

VerifyMe’s Moving Average

VerifyMe’s value is way under its 50-day moving average of $1.61 and way under its 200-day moving average of $2.64.

More news about VerifyMe (VRME).


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