NASDAQ
VRME

VerifyMe Inc

Security & Protection Services
Industrials

Prices are adjusted according to historical splits.

VerifyMe Inc Stock Price

Vitals

Today's Low:
$1.14
Today's High:
$1.1855
Open Price:
$1.155
52W Low:
$1.01
52W High:
$2.27
Prev. Close:
$1.15
Volume:
4343

Company Statistics

Market Cap.:
$11.38 million
Book Value:
1.256
Revenue TTM:
$25.91 million
Operating Margin TTM:
-12.8%
Gross Profit TTM:
$6.49 million
Profit Margin:
-11.23%
Return on Assets TTM:
-11.35%
Return on Equity TTM:
-22.44%

Company Profile

VerifyMe Inc had its IPO on 2009-05-07 under the ticker symbol VRME.

The company operates in the Industrials sector and Security & Protection Services industry. VerifyMe Inc has a staff strength of 50 employees.

Stock update

Shares of VerifyMe Inc opened at $1.16 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.14 - $1.19, and closed at $1.14.

This is a -0.87% slip from the previous day's closing price.

A total volume of 4,343 shares were traded at the close of the day’s session.

In the last one week, shares of VerifyMe Inc have increased by 0%.

VerifyMe Inc's Key Ratios

VerifyMe Inc has a market cap of $11.38 million, indicating a price to book ratio of 0.7913 and a price to sales ratio of 1.0259.

In the last 12-months VerifyMe Inc’s revenue was $25.91 million with a gross profit of $6.49 million and an EBITDA of $-2250000. The EBITDA ratio measures VerifyMe Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, VerifyMe Inc’s operating margin was -12.8% while its return on assets stood at -11.35% with a return of equity of -22.44%.

In Q2, VerifyMe Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 18.6%.

VerifyMe Inc’s PE and PEG Ratio

Forward PE
14.881
Trailing PE
0
PEG
0

Its diluted EPS in the last 12-months stands at $-0.17 per share while it has a forward price to earnings multiple of 14.881 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into VerifyMe Inc’s profitability.

VerifyMe Inc stock is trading at a EV to sales ratio of 0.9056 and a EV to EBITDA ratio of -2.0509. Its price to sales ratio in the trailing 12-months stood at 1.0259.

VerifyMe Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$18.42 million
Total Liabilities
$3.72 million
Operating Cash Flow
$0
Capital Expenditure
$217000
Dividend Payout Ratio
0%

VerifyMe Inc ended 2024 with $18.42 million in total assets and $0 in total liabilities. Its intangible assets were valued at $18.42 million while shareholder equity stood at $12.36 million.

VerifyMe Inc ended 2024 with $0 in deferred long-term liabilities, $3.72 million in other current liabilities, 10000.00 in common stock, $-80921000.00 in retained earnings and $5.34 million in goodwill. Its cash balance stood at $2.70 million and cash and short-term investments were $2.70 million. The company’s total short-term debt was $1,474,000 while long-term debt stood at $1.13 million.

VerifyMe Inc’s total current assets stands at $5.07 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.02 million compared to accounts payable of $1.40 million and inventory worth $47000.00.

In 2024, VerifyMe Inc's operating cash flow was $0 while its capital expenditure stood at $217000.

Comparatively, VerifyMe Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$1.14
52-Week High
$2.27
52-Week Low
$1.01
Analyst Target Price
$2.85

VerifyMe Inc stock is currently trading at $1.14 per share. It touched a 52-week high of $2.27 and a 52-week low of $2.27. Analysts tracking the stock have a 12-month average target price of $2.85.

Its 50-day moving average was $1.22 and 200-day moving average was $1.48 The short ratio stood at 0.56 indicating a short percent outstanding of 0%.

Around 1821.6% of the company’s stock are held by insiders while 794.7% are held by institutions.

Frequently Asked Questions About VerifyMe Inc

The stock symbol (also called stock or share ticker) of VerifyMe Inc is VRME

The IPO of VerifyMe Inc took place on 2009-05-07

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About

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. The VerifyMe Solutions segment offers technology solutions to connect brands with consumers allowing brand owners to gather business intelligence while engaging directly with their consumers. Its solutions provide brand protection and supply chain functions, such as counterfeit prevention, traceability, consumer engagement solutions, and authentication for labels, packaging, and products, as well as tamper-proof labels. The PeriShip Global Solutions segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment’s products include PeriTrack customer dashboard, an integrated web portal tool gives its customers an in-depth look at their shipping activities based on real-time data. It also provides call center, pre-transit, post-delivery, and weather/traffic services. The company has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Lake Mary, Florida.

Address

Clinton Square, Rochester, NY, United States, 14604