VerifyMe, Inc. (NASDAQ:VRME) Short Interest Update

VerifyMe, Inc. (NASDAQ:VRMEGet Free Report) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 255,600 shares, a growth of 22.5% from the February 13th total of 208,600 shares. Based on an average trading volume of 6,390,000 shares, the short-interest ratio is presently 0.0 days. Approximately 3.1% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Barrington Research dropped their target price on shares of VerifyMe from $1.50 to $1.25 and set an “outperform” rating for the company in a research report on Friday, March 7th.

Read Our Latest Report on VRME

VerifyMe Stock Performance

Shares of VerifyMe stock opened at $0.80 on Tuesday. The firm has a fifty day moving average of $1.55 and a two-hundred day moving average of $1.26. The stock has a market capitalization of $8.72 million, a price-to-earnings ratio of -2.58 and a beta of 0.34. VerifyMe has a 52 week low of $0.58 and a 52 week high of $5.00. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.74 and a current ratio of 1.74.

VerifyMe Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for VerifyMe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VerifyMe and related companies with MarketBeat.com's FREE daily email newsletter.