VerifyMe (NASDAQ:VRME) Stock Rating Lowered by TheStreet

VerifyMe (NASDAQ:VRMEGet Rating) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d+” rating in a report released on Tuesday, TheStreetRatingsTable reports.

Separately, Maxim Group reissued a “buy” rating and issued a $10.00 price target on shares of VerifyMe in a research note on Friday, May 13th.

Shares of VRME opened at $2.26 on Tuesday. VerifyMe has a 12 month low of $2.17 and a 12 month high of $4.60. The company has a market cap of $19.14 million, a P/E ratio of 5.02 and a beta of 1.04. The stock has a fifty day moving average price of $2.69 and a 200 day moving average price of $3.04.

VerifyMe (NASDAQ:VRMEGet Rating) last released its quarterly earnings results on Wednesday, May 11th. The company reported ($0.19) earnings per share (EPS) for the quarter. VerifyMe had a return on equity of 17.51% and a net margin of 408.69%. The business had revenue of $0.16 million during the quarter.

An institutional investor recently raised its position in VerifyMe stock. SFE Investment Counsel boosted its position in shares of VerifyMe, Inc. (NASDAQ:VRMEGet Rating) by 22.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,000 shares of the company’s stock after buying an additional 14,672 shares during the quarter. SFE Investment Counsel owned 1.10% of VerifyMe worth $254,000 at the end of the most recent quarter. 5.60% of the stock is currently owned by institutional investors.

VerifyMe Company Profile (Get Rating)

VerifyMe, Inc, a technology solutions provider, provides products to connect brands with consumers in the United States. The company offers VerifyMe Engage services that provides the ability for the brand owner to gather business intelligence and engage with the consumer using authentication test as the initial contact with the consumer.

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