The stock of VerifyMe Inc (NASDAQ: VRME) has decreased by -16.67 when compared to last closing price of 1.92.Despite this, the company has seen a loss of -4.19% in its stock price over the last five trading days. InvestorPlace reported 2024-04-12 that In the process of this search, the under-$5 stock market appears to be a promising field full of opportunities. These three stocks may take advantage of growth prospects.
Is It Worth Investing in VerifyMe Inc (NASDAQ: VRME) Right Now?
Company’s 36-month beta value is 0.62.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VRME is 7.83M, and currently, short sellers hold a 0.64% ratio of that floaft. The average trading volume of VRME on May 06, 2024 was 37.00K shares.
VRME’s Market Performance
VRME stock saw an increase of -4.19% in the past week, with a monthly gain of 6.67% and a quarterly increase of 48.15%. The volatility ratio for the week is 22.68%, and the volatility levels for the last 30 days are 10.16% for VerifyMe Inc (VRME). The simple moving average for the past 20 days is -4.76% for VRME’s stock, with a 32.62% simple moving average for the past 200 days.
VRME Trading at 10.79% from the 50-Day Moving Average
After a stumble in the market that brought VRME to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.69% of loss for the given period.
Volatility was left at 10.16%, however, over the last 30 days, the volatility rate increased by 22.68%, as shares surge +7.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.03% upper at present.
During the last 5 trading sessions, VRME fell by -4.19%, which changed the moving average for the period of 200-days by +23.08% in comparison to the 20-day moving average, which settled at $1.6854. In addition, VerifyMe Inc saw 42.86% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VRME starting from LAFFER ARTHUR B, who purchase 7,395 shares at the price of $1.36 back on Mar 25 ’24. After this action, LAFFER ARTHUR B now owns 279,911 shares of VerifyMe Inc, valued at $10,035 using the latest closing price.
LAFFER ARTHUR B, the Director of VerifyMe Inc, purchase 3,700 shares at $1.37 during a trade that took place back on Mar 25 ’24, which means that LAFFER ARTHUR B is holding 47,925 shares at $5,065 based on the most recent closing price.
Stock Fundamentals for VRME
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.34 for the gross margin
The net margin for VerifyMe Inc stands at -0.14. The total capital return value is set at -0.23. Equity return is now at value -25.96, with -16.35 for asset returns.
Based on VerifyMe Inc (VRME), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 38.47.
Currently, EBITDA for the company is -2.19 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 0.64. The receivables turnover for the company is 5.89for trailing twelve months and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.
Conclusion
In a nutshell, VerifyMe Inc (VRME) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
