The stock of VerifyMe Inc (NASDAQ: VRME) has decreased by -16.28 when compared to last closing price of 4.30.Despite this, the company has seen a gain of 41.18% in its stock price over the last five trading days. prnewswire.com reported 2025-01-14 that LAKE MARY, Fla., Jan. 14, 2025 /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, today announced its entry into a warrant inducement agreement with an existing institutional investor for the immediate exercise of an outstanding warrant held by the existing investor to purchase an aggregate of 1,461,896 shares of the Company’s common stock.
Is It Worth Investing in VerifyMe Inc (NASDAQ: VRME) Right Now?
Company’s 36-month beta value is 0.51.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VRME is 8.11M, and currently, short sellers hold a 0.10% ratio of that floaft. The average trading volume of VRME on January 20, 2025 was 6.03M shares.
VRME’s Market Performance
VRME stock saw an increase of 41.18% in the past week, with a monthly gain of 480.65% and a quarterly increase of 155.32%. The volatility ratio for the week is 42.21%, and the volatility levels for the last 30 days are 35.80% for VerifyMe Inc (VRME). The simple moving average for the past 20 days is 95.76% for VRME’s stock, with a 162.64% simple moving average for the past 200 days.
VRME Trading at 193.06% 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 -28.00% of loss for the given period.
Volatility was left at 35.80%, however, over the last 30 days, the volatility rate increased by 42.21%, as shares surge +490.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +186.85% upper at present.
During the last 5 trading sessions, VRME rose by +41.18%, which changed the moving average for the period of 200-days by +143.24% in comparison to the 20-day moving average, which settled at $1.84. In addition, VerifyMe Inc saw 164.71% 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 Stedham Adam H, who purchase 22,000 shares at the price of $0.71 back on Dec 30 ’24. After this action, Stedham Adam H now owns 267,004 shares of VerifyMe Inc, valued at $15,620 using the latest closing price.
Stedham Adam H, the CEO and President of VerifyMe Inc, purchase 10,000 shares at $0.59 during a trade that took place back on Dec 17 ’24, which means that Stedham Adam H is holding 245,004 shares at $5,900 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 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.47. The debt to equity ratio resting at 0.24. 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 1.49. 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 a nutshell, VerifyMe Inc (VRME) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
