VerifyMe (NASDAQ:VRME) Price Target Lowered to $1.70 at Barrington Research

VerifyMe (NASDAQ:VRME) had its target price lowered by Barrington Research from $2.00 to $1.70 in a research report released on Friday, Benzinga reports. The firm currently has an outperform rating on the stock. Barrington Research also issued estimates for VerifyMe’s Q4 2025 earnings at $0.01 EPS.

VerifyMe Trading Up 8.7 %

Shares of VRME traded up $0.13 during midday trading on Friday, hitting $1.62. 52,868 shares of the stock traded hands, compared to its average volume of 76,041. VerifyMe has a 1-year low of $0.85 and a 1-year high of $2.45. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.86 and a current ratio of 1.87. The business’s 50 day moving average price is $1.61 and its two-hundred day moving average price is $1.29.

VerifyMe (NASDAQ:VRME) last issued its quarterly earnings results on Tuesday, May 14th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01. The firm had revenue of $5.76 million for the quarter, compared to analysts’ expectations of $5.92 million. VerifyMe had a negative net margin of 9.30% and a negative return on equity of 16.79%. During the same period in the previous year, the business earned ($0.11) earnings per share. Analysts forecast that VerifyMe will post -0.15 earnings per share for the current year.

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.