VerifyMe (NASDAQ:VRME) Issues Earnings Results

VerifyMe (NASDAQ:VRME) released its quarterly earnings data on Friday. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03), FiscalAI reports. The company had revenue of $1.91 million during the quarter, compared to analyst estimates of $2.71 million. VerifyMe had a negative net margin of 36.55% and a negative return on equity of 13.70%.

VerifyMe Stock Down 4.4%

Shares of VerifyMe stock traded down $0.03 during trading on Friday, reaching $0.66. The company’s stock had a trading volume of 140,323 shares, compared to its average volume of 37,613. The business’s 50-day moving average price is $0.66 and its 200-day moving average price is $0.80. VerifyMe has a 52 week low of $0.59 and a 52 week high of $1.51. The firm has a market cap of $8.66 million, a PE ratio of -1.74 and a beta of 0.32.

Institutional Investors Weigh In On VerifyMe

Institutional investors have recently made changes to their positions in the stock. LPL Financial LLC increased its stake in VerifyMe by 71.4% during the 4th quarter. LPL Financial LLC now owns 380,812 shares of the company’s stock worth $229,000 after acquiring an additional 158,697 shares during the period. State Street Corp lifted its position in VerifyMe by 51.8% during the fourth quarter. State Street Corp now owns 77,359 shares of the company’s stock worth $46,000 after purchasing an additional 26,400 shares during the period. Finally, Two Sigma Investments LP grew its stake in VerifyMe by 235.5% during the third quarter. Two Sigma Investments LP now owns 35,321 shares of the company’s stock worth $31,000 after buying an additional 24,793 shares in the last quarter. 8.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of VerifyMe in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $1.50.

About VerifyMe

VerifyMe, Inc (NASDAQ: VRME) provides authentication and brand protection solutions to help companies secure products, packaging and digital credentials against counterfeiting, diversion and tampering. The company’s offerings combine physical authentication technologies—such as secure printing, invisible inks, RFID/NFC tags and direct part marking—with cloud-based software to create end-to-end track-and-trace capabilities. These integrated solutions enable customers to verify authenticity at every stage of the supply chain, from manufacturing through distribution and retail.

Key product lines include on-demand secure printers and customized label materials, embedded secure elements for item-level tagging, and a centralized data management platform that supports real-time analytics, consumer engagement and regulatory compliance.