VerifyMe (NASDAQ:VRME – Get Free Report) is projected to announce its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $8.21 million for the quarter.
VerifyMe Stock Performance
Shares of VRME stock opened at $0.79 on Wednesday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average of $1.54 and a two-hundred day moving average of $1.26. VerifyMe has a 52 week low of $0.58 and a 52 week high of $5.00. The company has a market cap of $8.61 million, a P/E ratio of -2.55 and a beta of 0.34.
Analysts Set New Price Targets
Separately, Barrington Research decreased their target price on VerifyMe from $1.50 to $1.25 and set an “outperform” rating for the company in a research note on Friday, March 7th.
VerifyMe Company Profile
VerifyMe, Inc, together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions.
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