VerifyMe Inc [NASDAQ: VRME] gained 61.96% on the last trading session, reaching $4.13 price per share at the time.
If compared to the average trading volume of 4.39M shares, VRME reached a trading volume of 57008682 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about VerifyMe Inc [VRME]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VRME shares is $2.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VRME stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for VerifyMe Inc is set at 0.61, with the Price to Sales ratio for VRME stock in the period of the last 12 months amounting to 1.72. The Price to Book ratio for the last quarter was 4.20, with the Price to Cash per share for the same quarter was set at 0.25. Price to Free Cash Flow for VRME in the course of the last twelve months was 38.03 with Quick ratio for the last quarter at 1.74.
Trading performance analysis for VRME stock
VerifyMe Inc [VRME] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 205.93. With this latest performance, VRME shares gained by 498.98% in over the last four-week period, additionally plugging by 205.93% over the last 6 months – not to mention a rise of 265.49% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VRME stock in for the last two-week period is set at 88.04, with the RSI for the last a single of trading hit 90.84, and the three-weeks RSI is set at 85.14 for VerifyMe Inc [VRME]. The present Moving Average for the last 50 days of trading for this stock 1.02, while it was recorded at 2.30 for the last single week of trading, and 1.32 for the last 200 days.
VerifyMe Inc [VRME]: A deeper dive into fundamental analysis
VerifyMe Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.74 and a Current Ratio set at 1.74.
An analysis of Institutional ownership at VerifyMe Inc [VRME]
There are presently around $10.34%, or 12.95%% of VRME stock, in the hands of institutional investors. The top three institutional holders of VRME stocks are: HIGHTOWER ADVISORS, LLC with ownership of 0.3 million shares, which is approximately 3.0191%. VANGUARD GROUP INC, holding 0.22 million shares of the stock with an approximate value of $$0.31 million in VRME stocks shares; and VANGUARD GROUP INC, currently with $$0.14 million in VRME stock with ownership which is approximately 0.9927%.
