The 36-month beta value for VRME is at 0.65. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VRME is 8.17M, and currently, shorts hold a 0.31% of that float. The average trading volume for VRME on December 27, 2024 was 97.27K shares.
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VRME) stock’s latest price update
The stock price of VerifyMe Inc (NASDAQ: VRME) has jumped by 23.28 compared to previous close of 0.64. Despite this, the company has seen a gain of 25.46% in its stock price over the last five trading days. prnewswire.com reported 2024-11-26 that LAKE MARY, Fla., Nov. 26, 2024 /PRNewswire/ — VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe,” “we,” “our,” or the “Company”) provides brand owners time and temperature sensitive logistics, authentication, anti-counterfeiting, and brand enhancement services, announced today that the Company’s board of directors (the “Board”) approved an extension of its share repurchase plan.
VRME’s Market Performance
VerifyMe Inc (VRME) has seen a 25.46% rise in stock performance for the week, with a 25.04% gain in the past month and a -40.68% plunge in the past quarter. The volatility ratio for the week is 12.31%, and the volatility levels for the past 30 days are at 13.59% for VRME. The simple moving average for the past 20 days is 20.82% for VRME’s stock, with a -39.32% simple moving average for the past 200 days.
VRME Trading at -16.21% 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 -67.80% of loss for the given period.
Volatility was left at 13.59%, however, over the last 30 days, the volatility rate increased by 12.31%, as shares surge +0.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.31% lower at present.
During the last 5 trading sessions, VRME rose by +25.46%, which changed the moving average for the period of 200-days by -45.59% in comparison to the 20-day moving average, which settled at $0.6531. In addition, VerifyMe Inc saw -29.55% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VRME starting from Stedham Adam H, who purchase 10,000 shares at the price of $0.59 back on Dec 17 ’24. After this action, Stedham Adam H now owns 245,004 shares of VerifyMe Inc, valued at $5,900 using the latest closing price.
Stedham Adam H, the CEO and President of VerifyMe Inc, purchase 6,000 shares at $0.61 during a trade that took place back on Dec 16 ’24, which means that Stedham Adam H is holding 235,004 shares at $3,660 based on the most recent closing price.
Stock Fundamentals for VRME
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.35 for the gross margin
The net margin for VerifyMe Inc stands at -0.13. The total capital return value is set at -0.14. Equity return is now at value -29.95, with -19.75 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 0.55. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is -15.89.
Currently, EBITDA for the company is -1.79 million with net debt to EBITDA at 0.08. When we switch over and look at the enterprise to sales, we see a ratio of 0.32. The receivables turnover for the company is 12.72for trailing twelve months and the total asset turnover is 1.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.74.
Conclusion
In conclusion, VerifyMe Inc (VRME) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
