VerifyMe, Inc. (NASDAQ:VRME – Get Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 1,340,000 shares, an increase of 16,862.0% from the December 31st total of 7,900 shares. Based on an average daily trading volume, of 6,070,000 shares, the days-to-cover ratio is presently 0.2 days.
VerifyMe Stock Up 2.1 %
VerifyMe stock opened at $1.44 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.74 and a current ratio of 1.74. The company has a 50-day moving average price of $1.44 and a 200 day moving average price of $1.31. VerifyMe has a 12-month low of $0.58 and a 12-month high of $5.00.
Wall Street Analyst Weigh In
Separately, Barrington Research restated an “outperform” rating and issued a $1.50 target price on shares of VerifyMe in a report on Wednesday, November 13th.
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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