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

VerifyMe, Inc. (NASDAQ:VRME) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 7,900 shares, a decline of 69.0% from the December 15th total of 25,500 shares. Based on an average daily trading volume, of 4,190,000 shares, the short-interest ratio is presently 0.0 days.

VerifyMe Stock Up 62.0 %

Shares of VRME opened at $4.13 on Tuesday. 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 company has a 50-day moving average price of $1.01 and a two-hundred day moving average price of $1.19. The stock has a market cap of $43.37 million, a price-to-earnings ratio of -13.32 and a beta of 0.27. VerifyMe has a 12 month low of $0.58 and a 12 month high of $4.96.

Analyst Upgrades and Downgrades

Separately, Barrington Research restated an “outperform” rating and issued a $1.50 price objective on shares of VerifyMe in a research note on Wednesday, November 13th.

About VerifyMe

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.