Should You Buy VerifyMe Inc (VRME) Stock After it Is Up 5.94% in a Week?

VerifyMe Inc (VRME) stock is up 5.94% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

VerifyMe Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on VRME!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With VRME Stock Today?

VerifyMe Inc (VRME) stock is flat -0.06% while the S&P 500 has fallen -0.24% as of 11:07 AM on Thursday, Nov 16. VRME is unmoved $0.00 from the previous closing price of $1.07 on volume of 2,342 shares. Over the past year the S&P 500 is up 12.54% while VRME has fallen -18.32%. VRME lost -$0.34 per share in the over the last 12 months. To screen for more stocks like VerifyMe Inc click here.

More About VerifyMe Inc

VerifyMe Inc is a technology solutions company based in the United States. It markets a broad patent portfolio that includes patents in the field of authenticating products, people, and financial transactions. In the areas of authentication and serialization of physical goods, the company offers clients the following products as anti-counterfeit systems: RainbowSecure, VeriPAS supply chain serialization, track and trace technology; VeriPAS Smartphone Authenticator; VerifyMe Beeper; VerifyMe Web. The company serves a diverse set of markets including pharmaceutical companies, high-end retailers, the gaming industry, and governments worldwide. Click Here to get the full Stock Report for VerifyMe Inc stock.