Overall market sentiment has been high on VerifyMe Inc (VRME) stock lately. VRME receives a Bullish rating from InvestorsObserver Stock 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!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With VRME Stock Today?
VerifyMe Inc (VRME) stock has fallen -2.44% while the S&P 500 is up 0.22% as of 9:47 AM on Wednesday, Sep 20. VRME is lower by -$0.03 from the previous closing price of $1.23 on volume of 3,215 shares. Over the past year the S&P 500 is higher by 14.20% while VRME is lower by -17.81%. VRME lost -$0.31 per share in the over the last 12 months.
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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.
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