(VIANEWS) – Shares of VerifyMe (NASDAQ: VRME) fell 9.57% to $1.04 at 14:39 EST on Thursday, after three consecutive sessions in a row of losses. NASDAQ is dropping 1.33% to $10,824.68, following the last session’s downward trend. This seems, up to now, an all-around down trend exchanging session today.

VerifyMe’s last close was $1.15, 73.13% under 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.

Earnings per Share

VerifyMe’s trailing 12 months profit margin is $-1.483.

For the 12 trailing months, the company’s return-on-equity, which is a measure of the business’ profitability relative to shareholders’ equity, was 18.98%.

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).

Growth Estimates Quarters

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


VerifyMe’s current reported volume is 45012, which is 31.75% less than its usual volume of 65954.

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