Currently, the stock price of VerifyMe Inc (VRME) is $1.21. In the most recent trading session, the stock underwent a significant upswing, peaking at $1.5 after opening at $1.21. The stock touched a low of $1.25 before closing at $1.39.
VerifyMe Inc had a pretty Dodgy run when it comes to the market performance.
52-week price history of VRME Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. VerifyMe Inc’s current trading price is -75.80% away from its 52-week high, while its distance from the 52-week low is 121.25%. The stock’s price range for this period has remained between $0.55 and $5.00. The Industrials sector company’s shares managed to surpass a trading volume of around 4.94 million for the day, which was noticeably higher compared to the shares’ average daily volume of 3.1 million over the last three months.
Financial Performance and Market Capitalization
VerifyMe Inc (VRME) has experienced a quarterly rise of 69.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.03M and boasts a workforce of 44 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7371, with a change in price of +0.5172. Similarly, VerifyMe Inc recorded 2,049,809 in trading volume during the last 100 days, posting a change of +74.65%.
VRME Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for VRME stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.05.
VRME Stock Stochastic Average
As of today, the raw stochastic average of VerifyMe Inc over the past 50 days is 66.46%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 66.46%. Additionally, the Stochastic %K and %D values for the company were 55.01% and 32.86%, respectively, over the past 20 days.
VRME Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 5.22%. However, over the past six months, we’ve seen a stronger performance of -14.18%. The price of VRME fallen by 60.58% over the last 30 days. And in the last five days, it has surged by 63.09%.
